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Friday, September 16, 2022 3:29:33 PM
The shareprice goes up. Once that sector cools down that instant reaction on good news doesn't necessarily pop like before. Reasons being that the sector is no longer front page news and also some good news is already built into the current shareprice....volume/interest disappears.
2 years ago remember what was hot in Pharma? Companies supplying test kits, companies working on Vaccines, alternate treatments, clinics....the list goes on. That has all cooled down now.
next time you are in a stock that announces intentions to R/S....run for your life
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