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equaloppforall

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equaloppforall

Re: None

Saturday, 09/23/2017 12:43:07 AM

Saturday, September 23, 2017 12:43:07 AM

Post# of 108192
Frustrated longs here should stop with this expectation that Monday is some sort of binary event. The company didn't promise any new data or partnership at the Cantor event. While I will be certainly be happy to see positive material news, there was no promise by the company regarding it and therefore no guarantee that it will be reported.

I can see why shorts want to make this a binary event, but longs should know that this is a trap. If the company releases material news, it will be a surprise, not a promise delivered. If longs themselves think that for every week that goes by without news the stock should fall 40% from wherever it is, then the HFT shorts will be glad to fulfill that expectation.
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