I have heard from one of the guys in my office the company we're working for made a tremendous effort to close deals last quarter. Now the company won't make this quarter's numbers. A couple open positions were closed unfilled, a couple projects have been scaled back or postponed indefinitely. Travel restrictions have been put in place. I bet other companies did the same thing. The result will be surprises to the downside going forward.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.