one factor that seems to be correlated is avg. Daily volume. It seems we don't get the bounce on thinly traded stocks that positive earnings surprise would indicate. I'm specifically calling out MPX and EPSN.
dunno, but my gut saying to pass on those trades in the future. I would backtest but it's too difficult because I have ALS and have lost use of hands. Perhaps someone could take up the mantle.
I'll see if I can find some data on that, but offhand, I don't know. Costco, which has plenty of daily volume, just posted a double beat, for example, and is down after hours.
one factor that seems to be correlated is avg. Daily volume. It seems we don't get the bounce on thinly traded stocks that positive earnings surprise would indicate. I'm specifically calling out MPX and EPSN.
dunno, but my gut saying to pass on those trades in the future. I would backtest but it's too difficult because I have ALS and have lost use of hands. Perhaps someone could take up the mantle.
I'll see if I can find some data on that, but offhand, I don't know. Costco, which has plenty of daily volume, just posted a double beat, for example, and is down after hours.