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Date: Saturday, 10. September 2016
Author: Gast
Review:
How long have you lived here? viagra and proscar The first example is when there are short-term earnings surprises. If a company reports an upside earnings surprise, then, if the market was rational, the new earnings would quickly be incorporated into the stock price, and the price should stabilize. Instead, what happens is that the overconfident investors see the earnings surprise, say “I knew it!” and buy more, continuing the trend of price drift in the same direction after the earnings announcement.
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