RE:Thoughts?Yes AT will have good earnings BUT...
what are good earnings???
They are supposed to do .01 with 30M in revenue.
If they do .03 on 33M revenue is that good earnings?
That is a beat but that would make the PE if we are to take .03 for each Q, we would get .12 for the year.
That would make it $10/.12 a PE of 80.
Is that good earnings???
The problem with what is going on the last few months is that the market is not rewarding stocks who have high PE's. They are more looking at tech stocks who have reasonable PE's.
I hope this trend changes so we can move up.
Zach45895 wrote: Okay so we all know the elephant in the room. We're almost guaranteed strong earnings but that is far less than guaranteeing a positive reaction stock wise. What are you guys thinking the reaction is going to be? You think we start an ascent? Do we continue to trade sideways?
I think it will be a pretty positive earnings release, I really do, but I don't anticipate a strong SP reaction at this point. I hope I'm wrong, but I think overall market confidence is lacking right now.. a lot of people are nervous.. and I think that may continue to hold us back until we get another quarter or two of sequential growth. I do think it will mark the beginning of an ascent and hopefully a solid bottom but I'm just not super confident in a strong, quick upswing right now.
I still think my 2 year projections are in line with where they were 3-6 months ago.. just going to be some turbulence along the way.
Once again this is just my opinion.. would love to hear where you guys are mentally! (Not you TooTall, we know, lol!)