Let's say it dips 20% then goes right back up.
2007-11-06 12:09:30 · 3 answers · asked by Bill Spry 4 in Business & Finance ➔ Investing
20% would be QUITE alot, but things like that ( and the exact opposite) DO happen... a magazine article, a tv commentator, a CNBC conversation, a Wall Street Journal article...anything that gets too many people thinking that the upcoming report is going to be way down....and they start selling...( to get their profits before they're gone )...the selling shows up on the ticker and more people try to grab before they lose...even fund managers can sell ( if the rumor or info seems really plausible). So next day, report comes out...no big changes...same people and others who like the now low price buy in...price back up.
You would think that with years and years of experience people would be immune to those kind of moves, but they aren't...heck, you still have people who " take profits" almost every Friday...afraid something might happen in Kanunnerstan over the weekend.
( I'm buying CRZ, AHR, CSE before earnings this week...I think they're gonna take off !!)
2007-11-06 16:03:12 · answer #1 · answered by jebediabartlett 6 · 0⤊ 0⤋
It would not be unusual for a stock to fluctuate based on market anticipation of the earnings report. However, if the market guessed correctly, I would not expect the price to back up, at least not right away.
2007-11-06 12:20:15 · answer #2 · answered by Homeslice 4 · 0⤊ 0⤋
maby, but they sure do after lol
2007-11-06 12:25:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋