- This event has passed.
AUPH, XGN, American College of Rheumatology
November 14 @ 8:00 am - 5:00 pm
This event is smaller, and has fewer participating companies then a lot of the events in the Catalyst Calendar. Having said that, both AUPH and XGN have a lot of volatility, and PR or a presentation could spur enough volume to turn on that volatility. The trade will appeal to the Event Traders who like to employ a little “Runup” strategy. The PR for this event is not likely to spur the volume, but if it does, any short term trader should be happy to protect profits on the trade early. But if there isn’t a runup period, holding for a market reaction to the event could be on the table. The price action of these companies prior to the event will be something to check, as will data like the short float.
Event Traders would also help their cause to research what kind of information is expected to be presented, and whether it is new or maybe overlooked by the market.