Using history as a guide, when they reported last quarter the company beat pre-announced revenues, but the share price dropped from about $.30 to about $.20 anyway..........Correct, why it dropped? Beats me....profit taking?'....Buy rumor, sell news? I dont know.... Seems to me the price drop was a reflection of disappointment over earnings (or a lack of them).
Who cares, you ask? Frankly, if that is going to happen again, I would rather buy the stock after the company reports, the earnings disappoint, and the stock price tanks.........If that is what will happen, who knows So I guess I care.
And it does seem to me that at some point the company will have to make money in order for the "train to leave the station."
You misunderstood me.....what I meant was....I would rather HII re-invest all teh $$$ into growth at this time....if in 2 yrs there are no earnings, THEN I WILL BE ANNOYED
Till THEN
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