Hello all, I once listened at length to a very intelligent man explain to me how he is able to reliably take profits every year using an investment strategy which involves the timely sale and purchase of stock in private prison companies that own detention facilities located in the state of Virginia but exist to house overflow of inmates that were prosecuted and/or are being temporarily detained due to offenses committed within Washington D.C. jurisdiction. I don't remember some of the details, but he claimed that the timing of these companies' stock splits can be consistently and accurately anticipated due to the virtually unavoidable mass influx of inmates that occurs as a result of violent crimes being committed at relatively high rates during specific times of the year namely, near the beginning of summer (centered around when the first major heat-wave hits), Halloween, as well as Christmas Eve and Day. Is anyone aware of this strategy or might have any ideas of how to effectively utilize the theory behind it for profit?
Yes, there are studies published, that shorting stocks which are just reverse splits doing is a very successful strategy.