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joebouganim

04/26/06 4:18 PM

#14314 RE: Cutting Corners #14312

yea ur rite bout that..ive noticed recently how certain stocks go up .01 then the following day prehours itll just shoot up a few cents then come back down a lil and it will continue for the next few days
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SuperC

04/26/06 4:33 PM

#14317 RE: Cutting Corners #14312

Regarding news, I usually give it my 3-day rule, that is by friday we should see all the upswing this bit of news has to offer. Unfortunately again, PA decided not to use PR or Business Wire, which follows normal business procedures with important news like this. Marketwire is usually left for marketing plans, reconstruction updates. etc... So that is again unfortunate PA can't spend the extra $500 or so getting this news out to everyone. I suppose he feels Marketwire does this, but in reality, it's about a 4 on a scale of 10, with PR at the very top.

This way with Marketwire it takes longer to get to everyone, then when it does, those who have a very short attention span, see a leveling off or drop with very little profit, and the churn and burn begins again.

Who knows how much more we'd be up given a international presense with PR, maybe only 1/2 penny, but it makes good business sense that if you're paying $200k + to buyback company stock, you'd want everyone to hear about it from China to the middle east. Marketwire doesn't get you 1/3 of that, including exclusion from e-trade and ameritrade, and I'm assuming others.

Temp'