Main Entry: ac�tu�ate Pronunciation: 'ak-ch&-"wAt, -sh&- Function: transitive verb Inflected Form(s): -at�ed; -at�ing Etymology: Medieval Latin actuatus, past participle of actuare to execute, from Latin actus act 1 : to put into mechanical action or motion 2 : to move to action synonym see MOVE - ac�tu�a�tion /"ak-ch&-'wA-sh&n, -sh&-/ noun
Call it what you may, the performance after the numbers we're released was pathetic! Even with the markets surging yesterday, we did SQUAT! WE EVEN LOST GROUND! I'm giving it a day or two more, if no significant move forward, I'm licking my wounds and moving on!
Not really. Actu reported record earnings recently. Actu has gained 15% in average after each earnings report in past 3 quarters. ACTU probably will go back to $3 area in next few weeks. Another stock that I'm following is RNDC. It reported 3 times its estimate but it didn't go up like ACTU. It is very similar to ACTU with no debt, good cash position and much higher positive earnings quarter after quarte (Q1 $.01, Q2 $.02, Q3 $.03) but it has not started its up trend yet and still is at low $2.08. Both ACTU and RNDC have a lot of potentials for upside.
If your investment horizon is measured in hours you should probably move on. Have you ever heard of "Buy on the rumor sell on the news"? Profit taking after earnings release is common. I can give you 15 other examples of other companies dropping in recent days after releasing great earnings.