Replies to post #18056 on Savvy Trades and Investments

[Swick984]

RUBI - Wade, if you look back to my earlier posts on the company, they have a history of guide low and blow out results. For instance, 2015 EBITDA was originally guided to $20 million, they nearly tripled that with $60 million. My complaint with management is that while it gives them credibility that they'll always hit their "guidance", it makes it difficult to project what will actually happen. You'll see them raise throughout the year, as they did in 2015 and I bet you'll end up seeing 2016 EPS above the 2015 level. It's just frustrating as it makes it appear as though profits are declining, which is far from the case as revenues are projected to grow at least 25%+. If you listen to the conference call, it was all positive. When asked about guidance, their answer was that they didn't want to raise guidance just 2 months into the year... Frustrating