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Sade123

11/22/21 1:31 PM

#38923 RE: Bubae #38922

"Why would traders buy after earnings"
As important as
"Why did traders buy before earnings"

And has an easy answer, because it was low and they expect it to be high.

Give me a single example of a stock (OTC or not) that has not had a significant run with a multiplication of its quarterly revenue, especially an example of one that had a +50% pullback from its previous earnings.
Good news mean momentum, momentum usually continues until price action becomes unsustainable.

Where does price action become unsustainable? That's an eternal issue and no one buys the exact bottom or top, but from here we could go to 0.0075 within next quarter without meeting significant issues, and I'd call the stock severely overvalued anywhere above a penny.

People bought back when it was 0.0050, 0.0040, 0.0030, 0.0020 expecting to flip it quickly, why wouldn't others decide to buy the uptrend to flip it quickly at 0.0020, 0.0030, 0.0040 and 0.0050?

You're not even attempting to debate this logically anymore and just assume you're omniscient on the market's psychology

pual

11/22/21 2:41 PM

#38931 RE: Bubae #38922

'why would traders buy after earnings'

I do not know and i do not care. I go by Leon $1,8M for second half giving more or les 25-30% more weight to Q4. Traders can do whatever they want to do but i plan to ride my shares for much linger (unless unjustifiable pps burst up create an opportunity I could not let go (selling few of my shares only).