Good lesson for everyone today. We knew the quarterly's were coming out, and we knew based on recent data (monthly updates) on what it would look like so there was always going to be a small bounce. And with that knowledge, it would have attracted a lot of people to get a position and make a short profit and sell into the news hence why this was already priced in. It shouldn't be a surprise as to why there was a big sell off, because everyone knew about the announcement. But if you're a long term holder with a strategy, this won't mean anything. GLTAH DYOR.
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Good lesson for everyone today. We knew the quarterly's were...
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