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Message: Re: Inflation jitters
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May 21, 2008 12:05PM
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May 21, 2008 12:14PM
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May 21, 2008 12:51PM
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May 21, 2008 01:11PM

PCQ is a good example of what I am suggesting. It's at 1.26 yesterday and the sell-off is on since noon today, all the way down to 1.08.

Granted, there is going to be profit talking, but I am suggesting if the markets were not as bad as they were today, the stock price would have probably held up better.

If Alda released news in a bad market, I would expect the same reaction, a spike followed with a quick sell-off to kill the momentum (or at least hinder the momentum).

I would never want a news release during bad market conditions - I would rather wait. Investors are fickle.

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