Post by
JtotheG on Jan 28, 2021 9:36am
why is market reacting like this to the quarters?
explosive growth this quarter? im confused.
Comment by
sunshine7 on Jan 28, 2021 9:46am
me too.... so I bought a bunch!
Comment by
bwaiting12 on Jan 28, 2021 9:47am
In my opinion it's an overreaction to missing earnings estimates. EPS estimate was $0.15/share and they they came in at $0.14/share.
Comment by
Briley on Jan 28, 2021 9:48am
I made the same mistake and bought more like last time the earnings card out and was supposed to go up. I don't understand either?
Comment by
GeorgianBayGuy on Jan 28, 2021 10:32am
What is likely the bigger concern for the market is the miss on the revenue line. REAL was priced to account for the planned rapid growth of the business. The market is looking for much more rapid growth in revenues from a small cap tech stock. Still, I believe that these guys have a solid business model. Will look for a better entry point over the next few months. JMHO -GBG
Comment by
sunshine7 on Jan 28, 2021 10:54am
recommended stop position for longs was $16.36. I suspect some stops were hit this am.
Comment by
GeorgianBayGuy on Jan 28, 2021 11:25am
If you annualize today's results, 2021 adjusted annual EPS is 4 x $0.14 = $0.56. It looks like the market is applying a lower multiple (about 30X) to these earnings to account for the slower growth suggested by today's results. This is lower than recent multiples which have been closer to 35X. -GBG