Temporal Dimension & Risk Dynamics of the Seasoned Equity Offerings
Journal Title: Asian Journal of Economics, Business and Accounting - Year 2017, Vol 5, Issue 4
Abstract
Trading is a complicated temporal system with many time-related procedures and functionalities, like SEOs (NYSE companies), price action breakouts (technical analysis), etc. These temporal features could lead to profitable trading strategies with significant returns. The primary target of this article is a "read-the-tape” concept. In particular, the article has empirically tested Baron’s data involved in NYSE SEO initiatives and then proposes temporal tactics for trading the NYSE SEOs. Statistical data analysis shows that, during the seasoned equity offerings, any shareowners significantly increase their shareholding; so, the market volatility is increased offering great return opportunities. The article concludes that, in NYSE SEO trading, the insiders are profit at the cost of hedge funds, momentary traders, and intraday speculators. Finally, the presented paper is not a complete trading system or even a proposed methodology; it is just a contribution to financial literature by examining empirically the temporal functions involved in NYSE SEOs initiatives, under the prism of the trading activities and their return functionalities.
Authors and Affiliations
Clifford Gambo
Keywords
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- EP ID EP338575
- DOI 10.9734/AJEBA/2017/38564
- Views 95
- Downloads 0
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