Posted December 29, 2020
Phasmid: Yep. Releases and good news tend to be priced in to share prices already, and are often used for profit taking. The example I gave in another thread was AMD, pretty much non stop good news in all their financial statements but their share price drops after each one because the good news is already priced in.
It's interesting to note that the share value started crashing on fourth of December, which is a few days before the reviews came out. Also on fourth of December, a certain Kicinski dumped nearly half a million shares.
Post edited December 29, 2020 by clarry