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Re: Ruffieruff post# 40822

Thursday, 03/30/2017 8:50:42 PM

Thursday, March 30, 2017 8:50:42 PM

Post# of 53778
It (todays share price) doesn't matter.

I would further argue that tomorrow am's Q4 earnings announcement doesn't matter either. Why? Because we already know the gist of it. They will announce (correctly) that 2016 was a record year with roughly 20% growth over 2015 and they are in pristine financial shape with a nice cash pile and no debt.

The announcement earlier this week was more significant since it signals the business continues to grow and that 2017 is likely to be even better than 2016.

All the late day dip today proved was there is still a nervous nellie seller and buyers continue to sit on their wallets.

I am looking forward to the cc tomorrow though I will be off-grid much of the day. The walleyes are running!
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