Thursday, April 18, 2013 6:13:43 PM
OT: Just for an example, look at another stock that we’re both in, UTEK.
They have real & positive earnings of $0.48 per share, but that’s one cent less than analyst guesstimates. Their revenues rise 22% year-on-year to 60 mil, but that’s a few mil less than analyst guesstimates.
The stock falls 17%!
Either we should just drop the whole system of estimates as a meaningful metric, or these dudes need a mandatory course in statistics!
They have real & positive earnings of $0.48 per share, but that’s one cent less than analyst guesstimates. Their revenues rise 22% year-on-year to 60 mil, but that’s a few mil less than analyst guesstimates.
The stock falls 17%!
Either we should just drop the whole system of estimates as a meaningful metric, or these dudes need a mandatory course in statistics!
All that is needed to make a happy life is within yourself, in your way of thinking. -Marcus Aurelius
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