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Re: HeedTheChief post# 46287

Thursday, 10/23/2014 12:30:10 PM

Thursday, October 23, 2014 12:30:10 PM

Post# of 112672
This isn't meant as a negative but I'm honestly puzzled about their statement about raising guidance. From Investopedia...

DEFINITION OF 'GUIDANCE'

Information that a company provides as an indication or estimate of its future earnings. Guidance is an "expected results" issue from a company to shareholders and market watchers as to how they envision a future period turning out. Such guidance will typically include revenue estimates, along with earnings, margins and capital spending estimates. Also known as "earnings guidance."



Has MCIG ever given us "guidance" for 2014? If so, what was it? I wish they'd tell us what this new "guidance" is. I suspect they've raised their internal revenus estimates but if it's "guidance" I would expect to hear it. Hopefully they'll announce it with the IPO.

In any event, it's all good. The guidance, if/when it is announced should take us up to a new level.


Les