# Case Study #5

""Street Sweeper Releases Short Report""

Magellan Pete Corp.

#### News Event

January 18, 2017 at 12:15:00 pm (EST) — TheStreetSweeper.org releases a short report siting eight key risks facing the stock.

[**Read The Street Sweeper Report**](https://www.smarteranalyst.com/2017/01/18/magellan-petroleum-corporation-mpet-bearish-perspective/)

#### Market Alert

A couple minutes after the report was released, NewsHedge alerted its clients to the unusual trading event at **12:17:44 pm** (EST) as shares swiftly dropped from **$16.70** to **$15.34**

#### Social Context

As news broke, Wall Street instantaneously took to Twitter to share information. According to Metricle’s quantitative Twitter data, Twitter posts for Magellan Pete produced a **negative “sell”** signal—as visually seen below.

#### Alpha Generation

Over the next several trading sessions, our quantitative data continued to produce a **negative “sell”** signal—giving our clients even more conviction to remain short, or to add to their short position.

#### Systematic Trading Data

To review systematic trading data associated with this case study, or to inquire about backtesting our data, contact us at [sales@newshedge.com](mailto:sales@newshedge.com).