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Online Share Trading

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Why 10% drop??

Reply
Not applicable
Why 10% drop day before b4 the results
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7 REPLIES 7
jaj
Frequent Contributor
The market often makes no sense. Look at Steinhoff....Down for 2 days although a positive update came out last week. I bought this morning at 30.09 before the results came out and the price increased to 31.83 or 5.3% after the results announcement. Does it make sense that the price went down for 2 days????? not to me.
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Not applicable
No results today ???
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JulzM
Regular Contributor
Waiting Eagerly for Results
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Cherry
Regular Contributor
If you look at your charts, historically the price will drop before result are announced. That's investor sentiment.
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Sycorion
Contributor
When is the results coming out?
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Not applicable
The results were suppose to be out on the 11th
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IAM
Contributor
According to OST, the results are due out on the 26th
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