Re: Further proof that stock analysts are idiots
- From: "ed" <news@xxxxxxxxxxxxxxx>
- Date: 12 Oct 2005 13:47:19 -0700
Rgdawson wrote:
> TravelinMan <Nowhere@xxxxxxxxxxxx> wrote:
>
> > Apple had by far the best quarter the've EVER had - and the stock drops
> > 11%.
> >
> > Now, I realize that if the results fall short of expectations, the stock
> > will drop. That's not surprising and is quite expected.
> >
> > What is unexpected is that the analysts actually EXPECTED the results to
> > be significantly better than they were. What did these idiots expect? A
> > 100% sales increase?
>
> yes, just wish I was an institutional buyer to play this... i think
> it's highly unfair they can buy/sell "after hours", and we can't. :(
you can goofball.
> much of the drop is because of the rather large run up in recent weeks,
> now it's back to where it was a month ago.
>
> time to buy, if you can get your order in within seconds of tomorrow's
> opening.
um, yeah, how'd that rush work out for ya? =D
.
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