You WERE right. Based on past PPS it was (in hindsite) a bad buy.
BUT, it is certainly a BUY now.
PS...I own 5K shares that I wish I didn't. I am trying to escape by buying March 5 and 7 calls.
You are referring to this?
"Backout period - Investment & Finance Definition
A period when a public company’s directors, officers, and specified employees can’t trade the company’s stock. Blackout periods occur prior to the release of annual or quarterly financial earnings information, and may extend for a time period after the release of the earnings information."
AND, as far as material knowledge - knowing the financial results (whatever and how major or minor they may be) is material knowledge.
Gee, you heard that too?
And in the meantime I am also getting killed on GOOD companies with recent GOOD reports....namely JNJ and BA
You can continue to repeat old stale news and stupid conclusions all the way to the ignore list.