>earnings went up, but because gambling addicts who call themselves analysts expected earnings to go up even higher, your stock price will now go down
Why couldn't analysts just always have conservative, low targets so they always surprise ?
>>62259544Cool, so you're saying it'll be even cheaper to buy a share of this growing company?
desu could have also been because of there simply being too many retail calls. I always try to look at whatever data is publicly available on retail call volumes because institutions/whales love to liquidate retail if they're too short or long. Opex is also a bad time, february, may/june and august/september also tends to have a lot of profit taking. There's also the possibility they released some bad news like forward guidance for the rest of the year is underperform.
we should just get rid of earnings entirely unless companies want to show off
