QUOTE(Boon3 @ Aug 28 2016, 09:28 AM)
Me...
You...
LOL! So lazy one.
Padini - Good or Bad earnings?
On 11/8 it was 2.90
On 25/8 it was 2.63
reported earnings on 25/8.
Next day closed at 2.96 ==> Chase the news?
TGUAN - Good or Bad Earnings?
On 10/8 it was 4.10
On 25/8 it was 4.43
reported earnings on 25/8
Next day closed at 4.38 ==> Sell the news?
DKSH - Good or Bad earnings?
On 10/8 it was 4.52
On 23/8 it was 4.60
reported earnings on 23/8
Next day closed at 5.18 ==> Chase the news?
I go on and on...
Is there any CONCLUSIVE/DEFINITIVE answer?

Thanks for your work You...
LOL! So lazy one.
Padini - Good or Bad earnings?
On 11/8 it was 2.90
On 25/8 it was 2.63
reported earnings on 25/8.
Next day closed at 2.96 ==> Chase the news?
TGUAN - Good or Bad Earnings?
On 10/8 it was 4.10
On 25/8 it was 4.43
reported earnings on 25/8
Next day closed at 4.38 ==> Sell the news?
DKSH - Good or Bad earnings?
On 10/8 it was 4.52
On 23/8 it was 4.60
reported earnings on 23/8
Next day closed at 5.18 ==> Chase the news?
I go on and on...
Is there any CONCLUSIVE/DEFINITIVE answer?
All three reported good earnings
Looks like my question also have no definitive answers.
It looks like it is also a good strategy to chase the news but i need to increase my sample size and do my homework on at least 10 stocks reporting very good quarter result.
For Padini case, it looks like buy the rumors, sell the day of the news and buy after the news (since news better than expected)
This post has been edited by Le Don: Aug 28 2016, 03:40 PM
Aug 28 2016, 03:01 PM

Quote
0.0336sec
0.33
6 queries
GZIP Disabled