bigCchris on 09 February 2013
| Demensha said: id bet on picking up shares a few days before this event, to sell the next day, even if only to make 3-5 %. just with e3 most VG companies see a small rise just before, and trickle back down for a few days afterwards; however, if they can't stay in the black for the 4th quarter, o boy, if you short the stock just before the announcement; you may be in for some huge gains in 1 day, then turn around and buy em to ride the wave back up. its simple daytrading rules imo. |
true. this kind of leads to the conpiracy theory of why sony is having this announcement after the C.E.O. went on record saying they wouldnt show the ps4 until microsoft revealed their next console. Anouncements like this usually have a positive effect on the company's stock, if ever so slightly, sony should see a small bump. Still, after reading their financial statements, i think sony still has a way to go before i would invest.
"We're in the business of making money" said by every company ever known
