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Which of the following statements contradicts semi - strong form efficiency? I make profit, consistently and on a risk - adjusted basis, when I buy
Which of the following statements contradicts semistrong form efficiency?
I make profit, consistently and on a riskadjusted basis, when I buy WalMart stocks when it makes a positive
earnings announcement, and sell a week after.
I make profit from time to time, if I shortsell Yahoo at the end of a day when its price increases, and close my
short position one day after.
CEO of firm ABC makes profit, consistently and on a riskadjusted basis, by using his inside information when he
trades the stock of ABC.
I make an expected return larger than the market return when I form a portfolio that is long stocks from Northern
California, and short stocks from Southern California.
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