Sony to Lose $1.66 Billion U.S. - Six Time Greater Then Anticipated

[alephnull]

FishyJoe said:

alephnull said:

NJ5 said:

alephnull said:
I find it interesting that we are now 11 pages in an noone has thought it relevant that Sony's stock actually closed higher today than yesterday.

A much lower rise than the market in general. In earlier Japanese trading, Sony fell 5.87% while the market fell only 1.1%.

Also YoY it's down 61% while the Japanese market in general is 43% down.

It's underperforming in other words.

 

 

You don't think you're being even a little disingenous? I don't see why you guys love these companies so much.

 

You're the one being disingenous when you make a reference to a small one day gain and call it relevant.

The theoretically any information contained in the report should now be priced into the market if you believe (and it wouldn't surprise me one bit if you did) in perfect market theory. The argument has nothing to do with your favorite matra which I dare not repeat as it irritates the living hell out of me. Not that I believe in that nonsense, but many do and I feel it more constructive to argue within their axioms than my own. Now, if there weren't half a dozen posts citing the 5% drop in price, it would have been disingenous of me to bring it up as proof of anything. By the way when are you going to criticise the article for referencing a "small" one-day decline. I say "small" since the gain erased the decline and then some and you consider it "small", then the decline must also be "small".

I actually think the forecast is highly plausible. I just think that you could care less that it's plausible as long as it confirms some deeply held belief of yours.