Short Term Trading Weekend Lounge: 1 - 3 July, page-13

Announcements

- What makes a good announcement ie: What details/depth as a minimum do you look for in a good announcement?
Difficult question to answer as there are so many different types of ann... mining companies are diff to TEch and biotechs etc ... Any unexpected good news that moves the shareprice could be constituted by a short term trader as Good. But personally I like the company changing/maker announcements that least to big bagger moves

- What makes a bad announcement?
Unexpected bad news or new just under market expectation

- What to look for in an announcement
An Announcement that surprises the a market to the upside (EG AKM this week)

- When to sell or buy on an announcement
When the market seems to have already factored in the news by significant price move pre-announcement .. also check the HC threads for the stock ... if there are a millions bulls on the threads ...sell the ann unless its really big news that's unexpected.

- Any other tips around actions to take when announcements are made or due.
Difficulty is sorting the wheat from the chaff especially prior to the market open... You may have 40 - 60 announcements and how to pick the runners or the stock that will have a several day rally is the difficult... For example I read the AKM announcement about rail this week re market open but skipped over it has the stock had been out of favour for years who would be interested in rail link to Coal in Mongolia ... answer lots of traders who remember the fundamentals of the stock from the Coal boom days