RE:Earnings?BSdetector2016 wrote: Let's call them what they are: LOSINGS. Back to .70 tomorrow...
No.
How long do you think these numbers have been available to a select few?
They weren't calculated over the long weekend.
Over a period of weeks, the "select few" becomes less "select", and the big money such as the managers who bought in to the financing have their fingers on the pulse.
These numbers were already in the market when there was relentless selling in the low 80's and 70's that I personally couldn't explain.
To myself.
The damage will be well contained, as some other poster put it, if there's damage at all.
Working capital is definitely skinny.
Was definitely skinny.
That was as of December 31st.
On April 5th, it will be about $30 million.
The market couldn't care less about 3 months ago.