There is a saying it comes from the days of newspapers and no internet. I will leave it to each of you weather it applies. Release good news for Tuesday or Wednesday. Bad news on Thursday night and very bad on Friday. Long time ago with paper press it made sense. Early in week gave time for people to read and react. Late in week unlikely for people to react. Time mellows people and less likely to have a knee jerk reaction. With internet and 24 hour trading not sure it still applies. I assume we will hear about CC in a day or two. I would take no CC as bad sign.
Monday was a day that was concidered bad for anything. People just back from weekend. Still reading sunday paper. Lots of calls from cliants wanting to talk about somthing in sunday paper.
LYC Price at posting:
$2.06 Sentiment: None Disclosure: Held
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