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They call it the cockroach effect because as with cockroaches, if you see one, you can bet there are others. The same thinking applies to companies reporting earning surprises. If a company has posted very good quarterly results that are much better than were anticipated by analysts, there are probably more good quarters ahead.
—
Trade Like a Stock Market Wizard
(book)
by Mark Minervini
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| Language: | English |
| Submitted by: | arjayar |
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