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Why any company issuing results from Monday to January 2nd is a sell

Tom Winnifrith
Friday 21 December 2012

I rather lose track of which days the stock market is open between now and the New Year. Some days are holidays. Others are half days. And on others the market is open but as far as I can see only utter stock market anoraks (my good friend Zak Mir and myself) or the criminally insane will give two hoots about what is actually going on over Christmas. But there will be announcements, and those will include prelims and interim results. Frankly however, any company issuing results between now and January second is one I would not wish to own shares in. There may be the odd exception but generally it is a golden rule.

Companies will issue results when nobody bar Zak, myself and the criminally insane is looking for one of two reasons.

on SpreadBet Magazine | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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