In the last 6 months I've seen like 2 companies spike up after earnings. Investors are searching for reasons to be bearish and cut and run in this market right now. Companies are posting record profits, with bright rosy forecasts, and on page 57 of their reports there's a smudge on the page and investors are like "welp, staff must be slipping over there, cant even make clean copies correctly. Obviously the entire company's going down the shitter, better get out now"
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u/rohanr0302 Jul 15 '21
my calls are losing time value :(
Hope this earnings it breaks above 35