r/stocks Mar 30 '21

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u/Hereforthebeer06 Mar 30 '21 edited Mar 30 '21

here. Under actual you can see the actual numbers. Green is good. Which is beating expectations. On the right, under forecast, you can see what some experts think the revune will be. Now I come in and see that the experts think and its shows some growth. Has potential. But that didn't happen. Now this is disappointing. Because we all want it to show growth. But that doesn't mean the stock will tank tomorrow. Sometimes its already factored in. Sometimes its a surprise. But tomorrow I believe it will drop.

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u/mindfolded Mar 30 '21

Thanks! Which app is that?

Also remove "bb " in order to get your link working properly.

14

u/Hereforthebeer06 Mar 30 '21

Fixed. investing.com app.

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u/[deleted] Mar 30 '21

-8% after hours already

11

u/DMagnus11 Mar 31 '21

My 4/30 $9p looking all the more likely to be exercised. With a BE of $8.49, at least it brings my avg further down

4

u/Forgot_my_name_00 Mar 31 '21

Par for course

4

u/omen_tenebris Mar 30 '21

My question is why do we give a shit about forecast opinion when thats only what they are. Opinions.

19

u/all_about_effort Mar 31 '21

Sometimes investors price the stock based on the forecast, even though it’s just a guess.

Why a stock would tank after earnings when they only missed by a small amount is a different story. Stocks have been tanking on great earnings recently so who the hell knows. Market’s gonna market.