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Every month, the Mean Reverters, a group of pun-fanatical Internet trolls active on Reddit, pick...

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Finance

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Every month, the Mean Reverters, a group of pun-fanatical Internet trolls active on Reddit, pick two micro-capitalisation stocks to trade. They find one stock that has appreciated materially over the past month and sell it short. They also buy one stock that has lost significant share price over the past month. Their experience has been that they are able to generate profits on the positions they sell short. However, they break even (neither lose or make money) on the positions they buy. The Mean Reverters' experience... a. ...conforms to strong form market efficiency. b. ...deviates from strong form market efficiency. c. ....conforms to semi-strong form market efficiency. d. ...deviates from semi-strong form market efficiency. e. ...conforms to weak form market efficiency. f. ...deviates from weak form market efficiency. g. None of these answers. h. ...shows that there is never enough punishment for bad puns

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