It's quarterly earning season again!
We
understand there must be some investors were in cherish mode. But we
expect there will be more traders were being astonished by plenty of
disappointing results published by second & third liner stocks, and
even the blue chips, where UMW is dipping further into huge losses of
RM2.12bil, and the always to-be considered blue chip of the blue chips,
IHH turns into net loss of RM107.2mil.
It's common once the result is published, the one underperforming shall see the stock plummets.
However,
we notice that there are couple of stocks act against the odds. Instead
of plummeting, they made a sharp comeback after dipping during the
early stage of market hours.
Let's see some example, they are ARMADA, EATECH & HLT.
ARMADA 30-min chart & Latest Quarterly Result
EATECH 30-min chart & Latest Quarterly Result
HLT 30-min chart & Latest Quarterly Result
What are they have in similarities?
These
companies were reporting super bad results, the stocks were being
pushed down in the early trading hours, but they were gradually pushed
back to surpassed the previous closing level and even made some gains!
It's
no doubt the act of the big sharks out there, where they usually will
flush out the over-panic retailer traders first before collecting their
desired & well-planned stocks at sharply discounted price.
Well,
there are surely rules & methods to monetize on "their" moves, but
as a trader or even if you're investor, play smart and don't be fooled
by them.
You may get a Golden Goose, you may also get caught by the Ghost, but you're the one to decide.
http://www.laburlah.com/single-post/2017/03/01/Golden-Goose-or-Ghost
