< Exactly - event based trading is only truly useful with outrageous events. Many seemingly good or bad news are already factored into the stock price and put barely a dent into it.
I can remember one event where friends participated - a major pharma blockbuster had to be taken off-the-market and the company took a huge hit. Those are the best events - super-easy to trade, but they put a damper on the info - only few people know in R&D and higher-ups, but I am sure that some people at the company made tens of millions off it if not more.
I can remember one event where friends participated - a major pharma blockbuster had to be taken off-the-market and the company took a huge hit. Those are the best events - super-easy to trade, but they put a damper on the info - only few people know in R&D and higher-ups, but I am sure that some people at the company made tens of millions off it if not more.