NoHo Inc (DRNK)

[Druv12]

Any Milestones coming for DRNK? Think again.

Milestones can be almost anything that will might vastly affect your stock price. If you’re invested in a company, you must be aware of all its upcoming milestones, because Wall Street will play games to mess with your head.

If a big event is coming up, Wall Street might tank the stock prior to it. This creates the illusion that they have insider information and they know it’s going to be bad. They’re abusing the efficient-market hypothesis. You see the stock dropping, think that something is wrong with the business, and you sell.