RE: Can't buy20 Aug 2024 13:06
BuddhaBob, i hope youre right and you will have no argument from me that the shareprice so be much higher then it is now. But I dont agree that 'the higher the pre news price the higher the jump on news.' The amount of shares ive seen rise on speculation and then drop when news announced(even when its good news but maybe not as good as hoped), equally ive seen prices rise on bad news when the speculation was worse than the reality of the news.
We undoubtedly should be higher and i hope youre right. Where a higher share price def leads to higher returns is when the news concerns a company takeover. In which case the higher the sp before an offer comes in the better. Im not trying to be contrary but have been disappointed in the past.