RE:RE:RE:RE:RE:if earnings hit the high endWell i guess we'll have to agree to disagree, lol. I'm sure most of us are a tad fatigued by the relentless speculation, and regardless of what we see on Tuesday will just be happy that it's over so we can move on to Q1. As our old buddy Wolfgang said back in the day, "All theory, dear friend, is gray, but the golden tree of life springs ever green." Good ruck, all!
GoBlue2016 wrote: philk33 wrote: SquishyInc wrote: Hey Phil, i can see the rational of why people might think these NR's are "diversionary", but do you really think CGC would want to inflate the sp right before earnings if they weren't reasonably good? Why would they want to exacerbate the relative effect of a sell on news response? If they were worried about the markets' response to Q4, wouldn't they have saved these releases for afterwards to minimize the "fallout"? Just my thoughts. I still say we see between 15-17. As per the reaction of the market, and whether or not the street will have anything to say about the fiscal minutiae that some think are important at this point, who can say. In the end, for the longs anyway, everything we've heard in these last two releases is music to our ears and reaffirms our commitment to our investment.
philk33 wrote: Slotracker wrote: of my estimate between $12-$18M, this should start to rebound to the $10+ level imo.
I have to agree that a rebound is due... just not sure it will be happening right away! I am thrilled about the past two news releases as they solidify previous antipation of the business plans! I have a bit of a suscpicion though about the timing of these releases! It takes nothing away from the material in the releases, but I think these may have been released to ease some tension on what might be a less than stellar (according to market expectations) Q4 report! I know a few people share this feeling, but those same people also share the same feeling I have, which is Q1 is going to be absolutely stunning! I'm thinking we begin to see our rebound back to 10's in anticipation of Q1 which will be reported shortly after Q4 (mid august). A week or 2 before that, imho, is when I think the new rally truly begins. Would love to hear some thoughts on this! Please remember an opinion is only that, and to disagree with ones opinion does not entitle one to attack on a personal level... I understand my view may not be welcomed by many, but let's keep it clean! Cheers
well put squish. I agree whole heartedly with the very last sentence!!!! I obviously hope the Q4 results are great, don't get me wrong! I can see where you are coming from... it makes absolute sense to me, I just have that gut feeling! Because I am long and don't really care a whole lot, I'm good with either scenario :). Bruce sure does like to make things interesting for us on SH with his timely news releases ! Lol
Nice discussion of the "other side of coin".
If financial statements were great IMO they release this PR after to catalyze the earnings. Not before.
Just an opinion.
GoBlue