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langostino

01/11/05 3:25 PM

#344174 RE: Joe Stocks #344172

JoeStocks - maybe, but ...

... how many times have you see a company beat by a very wide margins (i.e. greater than 10%), and where analysts are forced to revise their future estimates upward significantly, and a stock goes down. I cannot name you a single instance of that.

Yes, big earnings I've seen be sold. But never when forward estimates had to be raised en masse. do you have an example of that?
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gtober

01/11/05 3:59 PM

#344216 RE: Joe Stocks #344172

Too bad earnings are so close to this sell-off. Perhaps fading tomorrow's action will be the play. Buy calls on a sell-off and puts on a rally.