Homework: why a company reports when it does

[zyzzyva57]

http://www.thestreet.com/pf/funds/booyahbreakdown/10336597.html

[AJLightning]

http://www.thestreet.com/pf/funds/booyahbreakdown/10336597.html



now THATS knowledge...:mrgreen:

[LeoR2D2]

That was actually pretty damn uninformative. Earnings can cause big stock moves!? For real!?

[aiki14]

That was actually pretty damn uninformative. Earnings can cause big stock moves!? For real!?

I think the more subtle point is the timing companies used to announce news of earnings, and the evolution of the announcements as regulations changed. There is still a residual effect on traders today as to how they trade into earnings announced at the end of trading as compared to earnings that are the following morning.
The fact that earnings cause moves is obvious to even the dopiest of us, as your post clearly reveals.

[LeoR2D2]

I think the more subtle point is the timing companies used to announce news of earnings, and the evolution of the announcements as regulations changed. There is still a residual effect on traders today as to how they trade into earnings announced at the end of trading as compared to earnings that are the following morning.
The fact that earnings cause moves is obvious to even the dopiest of us, as your post clearly reveals.

Ya I know, the article just said a lot of stuff that an 18 year old coulda pointed out. You know like AJL...nevermind.

[Thierry Martin]

Ya I know, the article just said a lot of stuff that an 18 year old coulda pointed out.

Trading is often made too complicated. Basic things, and obvious ones, bear pointing out because people often don't realize what's staring at them right in the face. I have also met great 18 year old traders, they have a real edge on older slower and risk-averse traders. I thought the article was interesting and worth linking to.

[TonyM]

The more experienced a trader becomes the more difficult it becomes to see the market through fresh eyes. It is much easier to ridicule than to educate and pass on one's early mistakes. Everyone I think is guilty of this at one time or another, but one thing is for sure; even the most experienced and successful traders can be humbled by the Market.

Even if a trader has no desire to help a newbie with some insight gained through their own experiences, the trader should not hold the newbie in such disdain for he/she may be the one on the other side of your trade and therefore ultimately quite necessary.

[LeoR2D2]

The more experienced a trader becomes the more difficult it becomes to see the market through fresh eyes. It is much easier to ridicule than to educate and pass on one's early mistakes. Everyone I think is guilty of this at one time or another, but one thing is for sure; even the most experienced and successful traders can be humbled by the Market.

Even if a trader has no desire to help a newbie with some insight gained through their own experiences, the trader should not hold the newbie in such disdain for he/she may be the one on the other side of your trade and therefore ultimately quite necessary.

I know, trust me i'm not an expert nor claiming to be. Most of you are surely more experienced in the game then me. But I cannot hold back my opinion sometimes and I think even the newest of new investors could've written that article.

[Svenwulf]

i agree with leo on the disappointment in reading the article. besides time of day, day of week could be a consideration. also consider the difference between scheduled and actual report date (amex exchange is great for that difference, grrr) as well as proximity to other "big" reports or calender events (like holidays)