Drexel, conf calls don't make stocks go up unless
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Posted On: 02/27/2019 4:12:43 PM
Drexel, conf calls don't make stocks go up unless something new and materially positive is announced that was unknown. However that does not negate the longer term prospects of increased revenue. I believe we will see more stock movement as quarterly earnings reports are released going forward. Proof that revenues are material and increasing will drive the stock price. I know you don't really care and are just trying to cause frustration here, however any investor would be foolish to think a company that is now holding monthly conf calls, can expect a pop in the stock every month.
On contrary, the fact that the stock did not go down after the dividend payment and conf call, is a good sign.
On contrary, the fact that the stock did not go down after the dividend payment and conf call, is a good sign.
Quote:
Not much of a positive response to the stock after what was alleged to be a very inspiring update call.
Disappointing?
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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