Reports and Price Spikes

Ever looked at a share chart and wondered how the reports coincide with spikes in price? Here’s a top tip to add to your sharedealing skillset.
Firstly, who did the report come from and was it paid for? On the surface it may look like its straight from the top, but dig a little deeper and find out if someone else has been paid to create a masterpiece for the masses. Check the disclaimer for a sum of money usually written in words (ie. two thousand, ten thousand, etc..) that was paid for it.
If it turns out to be paid for then all is not lost. Just look back over the last 12 months for reports from the same source and compare the effects on price. Is there is a spike following each report? Can you see a trend of price spikes driven by reports that’s consistent? If a report has just come out and price has spiked then perhaps it’s not the best time to buy after all. In fact, it could be the worst. If your already owned share is about due for a report and you’ve spotted this trend then pay attention when it’s released for good opportunities to sell.