re: Corporate reporting - move from quarterly to semiannual reporting?

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The expectations (quarter to quarter) are insane.

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Yeah but I'd think semi annual would have more volatility? Let's say a stock is going to go up or down 10% in a year, so 2.5% a quarter would mean 5% semi annually given all parameters are the same. Historically all quarters are not the same.

At the same time, I'd think this may help long term mutual fund/ ETF investors while hurting the short term day traders right?