"Pleased to announce" is code. It means rookies and the undeducated,time to jump in,we need your money to pay the shorts.And shorts,time to get the hell out
Once again i say,someone should ask them,just who is it that`s "pleased" about this "news" that sounds great and drives your stock price off a cliff ?
Perhaps,just like Trelawney,amongst others,they don`t know the meaning of the word pleased ? i`m SURE they wouldn`t intentionally lie.That would be against the law
And unless that stock does a miracle turnaround overnight,there are some bare faced liars at work.
Still,i`ll say like you.According to "the company" and everything we read,this is great news,so why the fall off the cliff ?
I don`t mind taking my lumps fairly in this game.I expect that.But like Rosehill says,there`s definitely something not fair about these "good news" press releases.