Reaction Desk is published by 8M Partners.
Observations on how a stock has historically traded around its results, the questions a release will answer, and a set of conditional scenarios with percentage ranges attached. It is positioning colour written for professional traders. Everything on every page is derived from public disclosures: company releases, regulatory filings, exchange data and published analyst counts.
It is not investment research, investment advice, or a personal recommendation. It contains no view on what any security is worth, no price target, and no recommendation to buy, sell or hold. It is not a financial promotion or an inducement to trade. We are not authorised or regulated as an investment firm and do not provide regulated investment services.
Professional and institutional market participants. It is not directed at retail investors and is not suitable for them. Nothing here takes account of any reader's objectives, circumstances or risk tolerance.
Past calls are published in full, including those that were wrong, as a discipline rather than a performance claim. The sample is small. Nothing about how these calls have graded says anything about how future calls will grade.
The published record begins on 1 September 2026, when the current method came into force. Earlier prints were graded under a different convention and are not published, because two conventions cannot be summed into one record.
We hold no positions in any covered security and do not trade covered names. No broker research is used and no issuer pays for coverage.
The information is believed accurate at the time of publication and may become inaccurate without notice. No warranty is given. We accept no liability for any decision taken in reliance on it. Readers must reach their own conclusions and take their own advice.
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8M Partners is a trading name of dotChat Ltd. In these terms, "we" and "Reaction Desk" mean that entity.