Bah Humbug! It is that time of year again when crappy companies slip out bad news when nobody is watching as they are getting ready for Christmas. Profit warnings, director share sales, resignations, awful results are the rage on Christmas Eve and as we enter a self-imposed Christmas Lockdown at the behest of Doom and Doomer, this year will be no different.
Bah! Humbug! I’m back with this year’s annual ShareProphets Bury Bad News Christmas Sweepstake. With Christmas falling on Wednesday this year, any corporate news released next week immediately falls into the no-one-is-watching o’clock category. But this competition is about bad news released on Tuesday, Christmas Eve, which companies clearly don’t want their shareholders to know.
Well Humbug and Bah Humbug to you all! You all want to know who won the Bury Bad News sweepstake. Needless to say, it wasn’t me! The entries ranged from 7 to 50 bad news RNSs on Christmas Eve, but who won – and what was the worst of RNSs?
Bah Humbug! It is time for my annual cameo appearance here on ShareProphets as I present to you the 2018 Christmas bury-bad-news sweepstake. Place your bets....
Bah, humbug! Last year’s final trading session before Christmas saw the RNS system take an early bath, but this year it was in full flow right through to 6.30pm, even though the markets closed at 12.30. So who slipped out bad news as everyone was off doing their last minute Christmas shopping? And who went the extra mile by leaving the release of bad news right into the evening? We had some cracking entries on that score, and we have a winner to announce as regards the sweepstake.
Bah humbug! Christmas is next weekend and so this whole week coming up is already marked on the calendar as no-one-is-watching o’clock. The last trading day before Yuletide falls on Friday 23rd and thus is the perfect time for a company to slip out bad news and so once again we bring you the ShareProphets “bury bad news” Christmas Sweepstakes. Place your bets…..
Bah, humbug and double bah, humbug. I didn't win. But we do have a winner in the ShareProphets Christmas Eve "bury bad news" sweepstake. Someone actually got it on the nail.
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