Re: Earnings
adarsh.j...@gmail.com
Hope you r correct. Even about the future prospects I thought the CEO
mentioned atleast a 20% - 30% growth every year .... which is not bad
in my view. Though it is AH I'm worried a bit at the price drop coz
the volume is high. That's what is bothering me. Hope it is just some
stupid guy unloading whole lot of his shares and not many. ;)
George3 wrote:
> Maybe the after-hours (AH) price drop has to do with:
> 1) Almost 6% run up in the stock during the regular trading day
> (granted, the market as a whole had a strong rally too)
> 2) Although earnings were out of the park, future guidance seemed
> mediocre/in-line (I'm just a beginner so I may be totally wrong but
> I've learned the market cares more about the future than the past)
> 3) AH can be unpredictable... I was watching a stock (SYKE) last night
> and it was up maybe 5 to 6% at most after announcing earnings - but at
> least twice came back equal to the closing price(!) .... then today,
> during regular trading it hit a high of 19.71 (a 23%+ gain from the
> previous day's close)
> 4) Given the high number of short sellers that seem to be still in
> this... maybe they are still in charge?
