Post by
argon12 on Mar 06, 2021 9:50am
Recent Earnings
These earnings were awful.
Not sure how this went to $30.00 but their earnings were actually down.
No wonder they issued so much stock.
No wonder insiders sold their own positions.
I hate this when the small guy who only gets info on earnings finds out the hard way that this is no Shopify.
I know everyone was thinking this.
The only thing that was positive was cash on hand because of all the new issue they did.
JOKE.
Buring through cash with little growth in revenue at the very least means the stock will continue to fall.
We are just at the beginning in this new rotation out of over priced tech and into value.
20th anniversary of Tech crash start was March.13/2000
Tech stocks well over 72% and most fell
90% a year and a half later.
This is nothing more than a repeat.
Comment by
Torontojay on Mar 06, 2021 11:09am
Argon, you must have a small penis.
Comment by
growthnprosper on Mar 06, 2021 2:36pm
You are an idiot..... Q4 results were terrific and the forecast for Q1/21 is showing big increases in revenue and EBITA. Who cares about the past year where lots of companies were hurt due to the pandemic. Quit looking in the past and start looking at forward earnings. That's what sets the stock price, not past performance in a pandemic year!
Comment by
BeatsBast on Mar 06, 2021 6:50pm
Clearly you know nothing about investing. Here is a link so you better understand the difference between revenue and earnings. https://www.investopedia.com/ask/answers/070715/what-difference-between-earnings-and-revenue.asp#:~:text=Revenue%20is%20the%20income%20a,interest%2C%20and%20taxes%20from%20revenue.