P
Piglet
Guest
According to today's paper, if a positive ruling is given to a certain company then its share price will jump by at least 50% in a few weeks. Furthermore, according to our two leading stockbrokers, that positive ruling is "almost certain".
Now I believe in the Reasonably Efficient Market hypothesis. If there is say a 2/3rds chance that this share will jump 50% in a few weeks there must be a counterbalancing 1/3rds possibility of a negative ruling and that the share will bomb out - there are no sure things.
How do stockbrokers get away with this hype?
Now I believe in the Reasonably Efficient Market hypothesis. If there is say a 2/3rds chance that this share will jump 50% in a few weeks there must be a counterbalancing 1/3rds possibility of a negative ruling and that the share will bomb out - there are no sure things.
How do stockbrokers get away with this hype?