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"results in" - You are assuming that the the announcement and the downtrend are causally related because they happened at about the same time. How do you know t
by rdickert 10y ago
"results in" - You are assuming that the the announcement and the downtrend are causally related because they happened at about the same time. How do you know that the stock wasn't "trying to" go down further but was prevented from doing so by this announcement? This is one of my pet peeves in financial press: They announce some daily news and a price change as if somehow one caused the other. We simply don't know if/how they are related.