Taking a view on just how quickly a company can recover from shock losses is one of the most rewarding ways of investing in these markets. Catching the opportunity of the swift pull-back in a company’s share price as it reacts to the latest piece of corporate news enables aware investors to gain some advantage. Recently, we have seen the market over-react to poor news, taking equities down in the process. Then, within days, a large part of that response is covered back with share prices rising accordingly. Effectively fresh analysis replaces previous views and adjusts.&...

