(Total Views: 438)
Posted On: 05/14/2019 11:20:43 AM
Post# of 32290
I agree Wall Street can be very fickle. I invest in big companies on NYSE and I can't count how many times earnings announced after hours, at first stock traded up and then overnight sentiment swings and it opens down. IBM comes to mind, also Raytheon (both former employers) where earnings have been good and stock goes down anyway after people pick apart some small detail in outlook or something.
I can't predict this time, but I am for certain that 3 months from now when 2Q earnings come out they will really push the stock. I am hopeful this time as well, as others said 3M in revenue should occur and that is nothing to sneeze at. Wall Street likes a trend and if 2Q shows greatly increased subscribers over 1Q and higher revenues than 1Q that will for sure make 2Q really help the stock. I am not ruling out 1Q helping the stock but I know how fickle Wall Street can be, especially with it being the first quarter earnings announced on NASDAQ. Guess we will find out, I can't wait to tune into conference call! I always listen to conference calls on all my investments, and read earnings report in detail that evening too! Very excited about tomorrow night, I bet others are as well!
I can't predict this time, but I am for certain that 3 months from now when 2Q earnings come out they will really push the stock. I am hopeful this time as well, as others said 3M in revenue should occur and that is nothing to sneeze at. Wall Street likes a trend and if 2Q shows greatly increased subscribers over 1Q and higher revenues than 1Q that will for sure make 2Q really help the stock. I am not ruling out 1Q helping the stock but I know how fickle Wall Street can be, especially with it being the first quarter earnings announced on NASDAQ. Guess we will find out, I can't wait to tune into conference call! I always listen to conference calls on all my investments, and read earnings report in detail that evening too! Very excited about tomorrow night, I bet others are as well!
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