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April 25, 2017, 03:12:42 PM Last edit: April 25, 2017, 10:54:43 PM by Thomasven |
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Good afternoon bitcointalk users,
My name is Thomas, I'm based in the netherlands and about 50% of my income comes from daytrading. One of the biggest telecom companies in the Netherlands, KPN, is going to present it's quarterly earnings on the 26th of april (corporate.kpn.com/pers/kwartaalcijfers-1/2017/q1-2017.htm). I, together with many others have reason to believe that the value of the KPN stock will fall at least 1 percent. The reason I believe this is because of all the other times KPN presented it's quarterly earnings. Every time the report came out the stock dropped by about 1-2%, as can be seen here: bloomberg.com/quote/KPN:NA. The other dates the KPN report came out and the stock price before and after:
2016 Q1 - 29 april: start price 3.44 euro - end price 3.41 - dropped by 0,87% 2016 Q2 - 27 july: start price: 2.94 euro - end price 2.90 - dropped by 1,3% 2016 Q3 - 27 october: start price: 3.00 euro - end price 3.00 - No change at all 2016 all - 1 february 2017: start price: 2.69 euro - end price 2.56 - dropped by 4.8%
So as you can see apart from the stock dropping in value overall in the entirety of 2016 It also dropped in value almost every time a report came out. The reason for the stock dropping is increasing competition and a failing business model, if you would like to read more on that a simple google search on telecom companies will suffice. I encourage every single dutch citizen with a bit of cash to absolutely in the morning of the 26th of April short sell KPN. For people that don't have access to the dutch stock market feel free to send me or anyone with access a message and I'm sure we can work something out. For any questions about the legitimacy of this claim feel free to ask in the this thread.
Have a great afternoon!
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