So you think the guy who’s off in the Hamptons is going to pay attention to small stock news when he’s on vacation? I actually heard from a junior trader at a big Wall Street firm who told me that the junior traders get to run the show while the bosses are away, as long as they don’t do anything too aggressive, and that August was a very bad time to release important news.
But hey, don’t let anything that someone who works in the field says get in the way of your preconceived notion.