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Re: Bubae post# 38922

Monday, 11/22/2021 1:31:30 PM

Monday, November 22, 2021 1:31:30 PM

Post# of 50364
"Why would traders buy after earnings"
As important as
"Why did traders buy before earnings"

And has an easy answer, because it was low and they expect it to be high.

Give me a single example of a stock (OTC or not) that has not had a significant run with a multiplication of its quarterly revenue, especially an example of one that had a +50% pullback from its previous earnings.
Good news mean momentum, momentum usually continues until price action becomes unsustainable.

Where does price action become unsustainable? That's an eternal issue and no one buys the exact bottom or top, but from here we could go to 0.0075 within next quarter without meeting significant issues, and I'd call the stock severely overvalued anywhere above a penny.

People bought back when it was 0.0050, 0.0040, 0.0030, 0.0020 expecting to flip it quickly, why wouldn't others decide to buy the uptrend to flip it quickly at 0.0020, 0.0030, 0.0040 and 0.0050?

You're not even attempting to debate this logically anymore and just assume you're omniscient on the market's psychology
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