Post by
commodity16 on Oct 02, 2013 7:58am
dissappointing sp move on earnings release
Not the "pop" we were looking for after a "Record" earnings release...hopefully the share price increase will lag the news. The growth profile and nice increase in trucks on the way should attract some more investors moving forward.
Comment by
retiredcf on Oct 04, 2013 10:51am
Unfortunately this is a typical "buy on rumour and sell on news" reaction in these tough markets. IMHO, given the low volume, other than being annoying, the drop in SP is essentially meaningless and for those with a longer investment horizon, sets up a buying opportunity. GLTA
Comment by
luberon on Oct 04, 2013 1:58pm
I happily own both BAD and LSI but comparing their most recent quarters (a tough one in the oil patch), you can understand why BAD is trading at such a premium.