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THE_YAK

10/09/11 7:12 PM

#267 RE: vita #266

ILMN dropped from $40.00 to $26.00 on lower guidance.
APKT dropped from $43.00 to $27.00 then bounced back on lower guidance.

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Earnings are 50/50 shot, don't let anyone fool you. The stock will react which ever way the market at that given minute thinks, if it tanks even just $2.00 post report and more volume piles up, it will just keep tanking, without anyone taking the time to actually read the report.
Which is why the next session is more important, gives you a chance to get some of these stocks @ a discount, if of course, the report was not that bad.