Sony making a turnaround - aiming at $4.20bn profit by end of FY 2017

[Ssliasil]

Lawlight said:

Ssliasil said:

Sticky said:

Ssliasil said:
I expect Sony stock to plummet hard over the next few days due to this news.

People, now expecting massive profit - will sell their stocks to lower the stock value and re purchase them at a lower price point to maximize profits.

Their stock is up 5.3% on the news :P

It also started down about $1.50 today ;) So people sold their shares in the After and Pre Hours Sharing sessions, then bought them back very early in the day.

But you said it will plummet over the next few days. When will the plummeting happen?

Well i was certainly wrong about the  few days thing, that plummet happened way faster than I expected as everyone sold their shares in last nights After Market shifting (Sony stock dropped about $1.50 in after hours) and then re-bought early today at a much lower price.

In fact the same thing happened tonight as well...though it only dropped $0.55 in tonights after market. 

Everything i said WOULD happen, did happen...just on a faster than expected time table.