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09/08/17
21:42
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Originally posted by shortinghero
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"as API have already stated this years profits are in line with last years plus 5% ,,yet you appear unaware of this"
More aware of it than you JT as it paved the way for my shorting profits.
Not sure how much you understand but try this scenario for size - what if there's more negative news in the annual report or some ann thereafter? What if they provide forward guidance that's flat or down?
If you simply think there's results with 5% baked in & no possibility of negative news, negative future guidance or later negative post result anns then you are completely out of touch.
Can't believe I'm having to spell the basics out.
Then again my easy profits obviously come from someones else so I'm not complaining at all.
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Conversely, is there a possibility (albeit sounds pretty slim from your posts) of positive news, positive future guidance or later positive post result announcements?