IF FUTURE EARNINGS ARE NOT TO BE GROWING AT THE SAME RATE THEN THE ALLOWD P TO E WILL BE LOWERED...........
like if a stock has p to e of 10, it will take 10 years to earn the amount the market cap. is
if the future guidnce is LOWERED the stock will immediately go down
IF YOU WERE RIGHT THEN THE STOCK WOULD NOT GO DOWN, because you claim it only past performance
all of my reseearch shows that they use past present and future numbers.
I have a lo t to learn about sec. filings my focus right now is basic stock principles.
, the dr