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$NWGL -28.41% — what the base rate says

$NWGL -28.41% — what the base rate says

$PMI popped +37.1% after the bell on its Q2 earnings release, triggering the usual late-day retail stampede. Here is the base rate: setups with earnings gap-ups of 30% or higher fade to red 63% of the time across 70 historical instances, with short-side edge winning in over six out of ten cases. The headline provides the liquidity, while historical probability dictates the fade.

What the data showed

  • $NWGL -28.41% CL Workshop Group Limited · closed red 59% · green 40% (n=1,421) mcap $15M · float 5M shares
  • $ATEN -24.68% A10 Networks, Inc. · closed red 56% · green 43% (n=2,153) mcap $1.9B · float 70M shares · sector: COMPUTER COMMUNICATIONS EQUIPMENT
  • $RFAI -18.97% RF Acquisition Corp II · closed red 56% · green 43% (n=2,301)
  • $AMCI -18.92% AMC Robotics Corporation · closed red 55% · green 44% (n=3,606) mcap $115M · float 4M shares · sector: RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES
  • $GDTC -17.30% CytoMed Therapeutics Limited · closed red 56% · green 43% (n=2,301) mcap $10M · float 5M shares
  • $MYND -17.14% Mynd.ai, Inc. · closed red 56% · green 43% (n=2,301) float 8M shares
  • $TLIH -10.71% Ten-League International Holdings Limited · closed red 54% · green 45% (n=4,138) mcap $11M · float 569,000 shares
  • $XELB -10.24% Xcel Brands, Inc. · closed red 54% · green 45% (n=4,138) mcap $5M · float 10M shares · sector: PATENT OWNERS & LESSORS
  • $KTTA -9.16% Pasithea Therapeutics Corp. mcap $16M · float 88M shares · sector: PHARMACEUTICAL PREPARATIONS
  • $GRML -8.73% Greenland Mines Ltd mcap $33M · float 78M shares · sector: BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)

Pull the historical earnings gap stats on FILTRIX.net before taking overnight risk into the weekend. Discipline > FOMO.

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