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Re: Oldman285 post# 6311

Thursday, 11/14/2019 2:31:40 PM

Thursday, November 14, 2019 2:31:40 PM

Post# of 7427
Wick, excellent summary, very nicely done. The only problem with all of that is we’re talking about BIO-key and nothing that’s normal is ever applicable to BIO-key.

The theory that I have used that serves me very well is watching stock trading the day of earnings. In many cases if the stock prices down going into earnings, earnings are going to be Blockbuster. If the stock price is going up going into the report, run for the hills. I will tell you I do a lot of trading based on that Theory and it has served me very very well, Typically accurate over 80% of the time.
So using that scenario, BIO-key share prices down going to an earnings report which would say to me, earnings are going to be good. Unfortunately it’s BIO-key and you can’t apply the normal rules.

With BIO-key‘s share price down going into earnings tonight, it’s a fair bet that they will miss and miss bag and this thing will tank in the morning. So my advice is look out. Wish I were wrong but 20 years of history tells me I am not.
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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