TSX:TECK.A - Post by User
Post by
b42on Jul 31, 2011 3:42pm
293 Views
Post# 18891539
Earnings don't count, really,,,
Earnings don't count, really,,,....when it comes to upgrades and higher prices. FORWARD GUIDANCE is what does the trick. Everyone knew that earnings and revs would be a big improvement, but analysts are more concerned with ''forward guidance'' than anything else before they upgrade a stock. That would have come from the morning conference call. I missed it. Hopefully someone smarter than me was able to listen to it and be able to say that guidance was dynamite. Same goes for WLT (Walter energy) this coming week.