Terms

Reaction Desk is published by dotChat Ltd, trading as 8M Partners.

What this is

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.

What this is not

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. dotChat Ltd is not authorised or regulated as an investment firm and does not provide regulated investment services.

Who it is for

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.

On the record

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.

Conflicts

dotChat Ltd and its principal hold no positions in any covered security and do not trade covered names. No broker research is used and no issuer pays for coverage.

Liability

The information is believed accurate at the time of publication and may become inaccurate without notice. No warranty is given. dotChat Ltd accepts no liability for any decision taken in reliance on it. Readers must reach their own conclusions and take their own advice.

Contact

reactiondesk@8mpartners.com