Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

Once again as a case in point, let's do some analysis.

GRMn which many people have had the occasion to use or are aware of out wit earnings. All numbers and facets of the business are DOWN across the board. Dilted EPS down a whopping 44% but yet...yet...yet the stock is flying...and up 42% for the year because these results "handily" beat analyst's revised estimates AND they are guiding slightly higher on a turnaround in the business off the economic downturn.

So, you produce ugly numbers and your stock is up 130% off its yearly lows. You produce ugly numbers and the stock flies on the implications for the future. You produce ugly numbers and the street applauds the fact they weren't as ugly as they thought they would be.

All the result of a filing today and the "talk" and "implications" for the future.

The argument that DKAM can only be measured by what is in the filings from months ago continues as it always has to hold no water as it does for thousands of other companies.