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scavio
Premium
join:2001-07-14
Melmac

1 recommendation

reply to Oh_No

Re: Not transparent, but necessary

I don't know why you dredged this up from so long ago. I started to type a long winded post but decided it's not worth it.

I'm done arguing about this. Technically, a stock is worth what someone is willing to pay for it. If you think that how much a company makes and is expected to make in the future (per share of course) has nothing to do with how much people think it's worth, then I feel sorry for you.

I'm not going to go through the ins and outs of it all. I'll leave you with this headline: Netflix Jumps On Earnings, Guidance Beat »www.thestreet.com/story/11384675···eat.html . Earnings were released, profits and future guidance on profits beat expectations, and the stock went up 10%. I'm done.


Oh_No
Trogglus normalus

join:2011-05-21
Chicago, IL
said by scavio:

I don't know why you dredged this up from so long ago.

HUH? you are the one that dredge it up from so long ago and I dont know why.
You can read the dates on the posts.
You and I posted on 2/8 and then you posted on 2/27.
I guess you just made fun of yourself?