Its all about the Guidance & Buzz Kill Analysts Mid week CIBC analyst started the buzz kill with his thoughts that the quarter just might be do great. As usual he left the door open for potential surprises?
Then we had Canaccord with their nothing to see $2 near term price target reduction yesterday morning which Canaccord brokers and clients used to rough us up a bit more.
As always with a growth company, its all about the guidance anyhow so as long as they didnt lose more than a hundred million this quarter, but manage to provide solid guidance, then it should work out not to badly for shareholders in the short and long term.
Hey, you cant win every day, but its always happy hour somewhere!!!