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viking86

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viking86

Re: BigOnChina post# 392

Wednesday, 02/09/2011 5:07:36 PM

Wednesday, February 09, 2011 5:07:36 PM

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I am not really surprised about today's 5% drop despite strong earnings. Usual stuff with many CGS stocks imo: traders move in a few days before E/R and sell on the news. Same thing with CCME, reported a huge Q3 on Nov 9, Net Inc grew yoy over 150%, stock tanked 25% within a week, from a high of 21.25 the day before E/R to a low of 15.9 on Nov 16 (shrug).

http://finance.yahoo.com/echarts?s=CCME+Interactive#chart2:symbol=ccme;range=6m;indicator=volume;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
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