[[Start here]] → [[What works in stocks?|what works]] → [[maintain your discipline|discipline]] → [[what to do on a profit warning|profit warnings]] → anticipation --- For six months before the average profit warning, the 245 stocks tended to underperform. [^1] They declined 6% over this time period. It would be good to investigate whether this is due to information leakage pre profit warning. ![[profit warnings are anticipated by price declines.png]] [^1]: [[Stockopedia - The Profit Warning Survival Guide]]