I'm no expert but expected near term news flow is on my list of must-haves for my ST purchases as it can be what drives the sp. trying to understand what news is waited on and which news item are likely to move the sp is at the heart of what I think we are attempting to do here. Work or the potential catalyst for sp appreciation, buy in early and then sell once the news is released and everyone else finds out about it.
Just imo and not the only way to do it of course.
Cheers,
OR