Stock tip

[tony]

What's with the drop in CXM? It seems like they released good news, is this just a normal pattern before the conference call/webcast this afternoon?

Sorry if I'm asking noob questions, I'm just kind of starting to dip my feet into this stuff.

Not a noob question, this is actually something I explained to some seasoned investors. With stocks like CXM where a big date is anticipated a lot of short term investors play the run up. The idea is buy on the run up, sell on the news. And rightfully so, had you bought last week you wouldve sold with a 40 percent profit. So what you are seeing today is a massive selloff on the news which every investor I talked to said they were going to do anyway, no big suprises. BDSI is another one that did this.

Here's the thing, I form my strategy when I bought, I wouldn't sell short for anything lower than 3 dollars, otherwise my strategy is long term, this is only phase II results released today. With these good results the company moves forward to phase III then fda, learning what I have since I've been investing I'm very comfortable with my investment, the price drop and the future of this company. Patience pays and once the short term investors are shaken off this stock will start moving again.

[Danny]

Not a noob question, this is actually something I explained to some seasoned investors. With stocks like CXM where a big date is anticipated a lot of short term investors play the run up. The idea is buy on the run up, sell on the news. And rightfully so, had you bought last week you wouldve sold with a 40 percent profit. So what you are seeing today is a massive selloff on the news which every investor I talked to said they were going to do anyway, no big suprises. BDSI is another one that did this.

Here's the thing, I form my strategy when I bought, I wouldn't sell short for anything lower than 3 dollars, otherwise my strategy is long term, this is only phase II results released today. With these good results the company moves forward to phase III then fda, learning what I have since I've been investing I'm very comfortable with my investment, the price drop and the future of this company. Patience pays and once the short term investors are shaken off this stock will start moving again.

essentially the efficient-market hypothesis at work.

Selling on news is common and so is selling into a run. Normally they happen together.

Some food for thought, and again i dont know the stock. But with all the better than expected PRs the last day or two could have raised investor expectation of today's PR, when the PR came out investors found that it was inline with their last week expectations they were forced and was not as good as their current expectations then the stock price will decline. Then you throw in emotional sell offs, profit takers, and people trying to secure profit or minimize losses, and a few bad rumors around the message boards and you have the workings for a shatty day

Just some food for thought presented to you in a probably poorly structured paragraph thats difficult to read lol

[tony]

essentially the efficient-market hypothesis at work.

Selling on news is common and so is selling into a run. Normally they happen together.

Some food for thought, and again i dont know the stock. But with all the better than expected PRs the last day or two could have raised investor expectation of today's PR, when the PR came out investors found that it was inline with their last week expectations they were forced and was not as good as their current expectations then the stock price will decline. Then you throw in emotional sell offs, profit takers, and people trying to secure profit or minimize losses, and a few bad rumors around the message boards and you have the workings for a shatty day

Just some food for thought presented to you in a probably poorly structured paragraph thats difficult to read lol

I've thought about that, the expected PR already factored into the price. Either way I am sticking with it, too much of an upside for me to sell right now.

On a side note, anyone familiar with SNDY? I put it on a watch list yesterday and I dont know where I researched it at but it jumped 100% today. Glad the market has made news with its movement today.