Yahoo beats expectations -- market tanks
from the Does-the-stock-market-actually-make-any-sense dept
Yahoo beat earnings, but missed the totally irrational whisper prices. Yahoo is down significantly in morning trading, pulling the whole market down. The markets have gotten into an extremely dangerous situation where meeting or even beating expectations is no longer enough. This is not healthy, in the long-term.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Whisper
I think I'll create a "Mark's price", market it as the be-all and end-all of EPS metrics, and then make a killing intentionally under or over estimating and getting in early on the resultant action. Yeah, yeah, that's the ticket.
MB
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Re: Whisper
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