InvestorsHub Logo
icon url

Kool Aid Man

08/20/17 11:56 PM

#69343 RE: FlushReply4U #69341

Q2--automatic buying before reading and understanding is risky.

Alper dropped Q1 on a Sunday (May 21) last time. That gave people time to dig into it. It failed to impress. The stock opened 2 ticks higher than the previous Friday (.0024) but closed down EOD (.0023). Two days later (5/24) it closed at .0018. That's a huge -40% drop from the previous Thursday (6 days earlier) when it hit .0030 intra day.
https://www.barchart.com/stocks/quotes/BLDV/price-history/historical

Those who automatically hit the "buy button" moments after Q2 is posted obviously wouldn't have had time to read and digest everything. That's what dumpers count on.