generic-user-1 on 22 July 2015
nanarchy said:
seriously? is it that hard to read news? the predictions were for 56 cents EPS they posted 62, they were predicting 22.03 billion revenue, they hit 22.18. They exceeded expectations. There is always a market over reaction on a loss though even though the write off was announced well in advance. you should see the stock easily recover the 3.5% drop in the next day or two as investors look closer at the numbers which were amazing for a quarter prior to a major release (traditional drop off as buyers hold back). |
there isnt a market overreaction, the stupid algos cant read, they just scan headlines and sell or buy. the stock market is ruled by retarded robots.
