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Post# of 797269
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bmp152

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bmp152

Re: 10thMountain post# 90597

Monday, 07/15/2013 10:38:41 AM

Monday, July 15, 2013 10:38:41 AM

Post# of 797269
Why do you think this is true? Remember, the second run didn't get started until 4 or 5 trading days after the earnings report was published.

I assume you can take this in two ways:

1) It took some time for the earnings report to disseminate down to the retail level.
2) Hedge funds pumped in big money for an engineered run that they flipped for huge gains.

In either case, I'm not quite sure we can say the Q2 earnings are 'baked into' the price quite yet...
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