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abew4me

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abew4me

Re: Hoskuld post# 439957

Friday, 11/24/2023 3:23:31 PM

Friday, November 24, 2023 3:23:31 PM

Post# of 462563
It's common knowledge that companies release good news at the beginning of the week so their SP gains momentum throughout the week. (A good example of this rule was Monday's announcement regarding our EMA relationship)

OTOH...companies will almost always announce bad news at the end of the week on Thursday and Friday; sometimes waiting until the market closes on Friday. This (supposedly) allows the investors to cool off over the weekend instead of dumping their shares throughout the week.
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