Buying MasterCard Pre-Earnings: The Precedent of Capital One and AmEx [View article]
Excellent discussion. With MA closing at 114.85, +3.17 today (5/1), one wonders whether the price has already taken account of a favorable earnings report tomorrow (5/2)? From reading, one learns that the prudent course of action to take when a favorable earnings report is announced (assuming it has been fully anticipated) is to sell. How valid is this conventional wisdom? omooc
Buying MasterCard Pre-Earnings: The Precedent of Capital One and AmEx [View article]