Text #4350683

They call it the cockroach effect because as with cockroaches, if you see one, you can bet there are others. The same thinking applies to companies reporting earning surprises. If a company has posted very good quarterly results that are much better than were anticipated by analysts, there are probably more good quarters ahead.

—from Trade Like a Stock Market Wizard, a book by Mark Minervini

Active since October 9, 2020.
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Instant Death Mode 37 87.92 January 18, 2021