Wednesday, December 13, 2017 12:44:01 PM
In my experience, the news is driven by the life cycle of the stock. Or, maybe better stated, the "interpretation" of news is driven by the mood and emotions of the herd trading that stock, which then tramples price in some direction. So news often catalyzes movements like a gun shot near a herd, but the direction the herd actually runs is made to suit the current psychology. The articulated reason for a price move spurred by news is just a story made up after the price moves, so it's useless.
I am always surprised when news moves a stock immediately in an anticipated direction. More likely, the news is either opposite the expected story, and the stock head fakes before moving in the anticipated direction anyway, or the news is as anticipated and the stock head fakes counter-intuitively before proceeding with its long term move. Or... any number of plot twists happen, making it very hard to make money trading news.
Recent NAK News
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 03:26:58 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/16/2024 11:46:24 AM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/29/2023 08:52:47 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/15/2023 03:49:59 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2023 10:05:59 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/05/2023 10:01:05 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM