RE: Wow....10 Aug 2021 14:40
Bulk trading
You're right, reading people's comments on here after AMC post better than expected results, like school kids all excited about Xmas.
The one voice of reason seems to be FI, bonkers and Don.
Sometimes I read stuff and actually buy in to the hype of 1.50 by September, opening 69 today, and yet every time the share price reacts the complete opposite. Then it goes quiet while the SP drops from 65 to 64 and so on.
Thankfully I'm in CPI which has risen from mid 30s to mid 40s in less than a week on good results, to counter my substantial paper losses here, which I suspect will remain as losses until later in the year.
But as has been said already, sometimes the markets will react brilliantly to poor results if it is satisfied the outlook seems brighter.
That's what I'm hoping for.