Mr Mooney
03-04
in other platform, sea price is higher in 24 hours market. suspect someone know earning result earlier....

in previous earning day (missed eps and revenue) , before announce earning report, stock price was drop about 7%....

who dare to sell 7 % less before earning report unless got some insider information in last earning report?

now also same things, who dare to buy 3 % more before earning report in same day unless got insider information?

Am I right?

@mster$Sea Ltd(SE)$ Excitement is brewing as Sea Limited prepares to unveil its latest earnings report before Monday's market opening. The company has faced a challenging streak, struggling to deliver positive news to its investors. While past earning reports have often missed or only marginally met analysts' estimates, the reaction from investors has not always followed the expected pattern. Surprisingly, even favorable earnings reports have occasionally led to a decline in the stock price, highlighting the unpredictability of market reactions. One recurring trend has been the stock price surging before earnings, only to retreat after, regardless of the actual earnings outcome. A speculative technical analysis suggests a possible 16% retracement to the low $40s, with a potential rebound off the 50-day Exponential Moving Average (EMA). However, if this projection proves inaccurate, Sea Limited could potentially soar higher and closes the gap it created 2 earnings ago, possibly retesting the $60 resistance level. Breaking through this resistance and staying above it is crucial for Sea Limited to regain investor confidence and establish a more stable footing in the market. I do have a CS Put Option with $35 strike expiring 3rd Friday of March, if the stock surges after earnings this option will be worthless but if it falls but stay above $35, will have to monitor its movements To decide if want to get assignments of the underlying eventually which also helps to DCA and lower my current long position @TigerStars @MillionaireTiger @Daily_Discussion @TigerEvents @CaptainTiger
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