Comment by
mouserman on Aug 10, 2011 7:46pm
Earnings will be out tomorrow and they will look very foolish with that downgrade, i guess they were using Q1 numbers to bash RVM.I suspect RVM will earn about 3 million in the Q to be reported, and that is about .08 a share or so. OR maybe i am missing it completely again. Was there a million options handed out to be expensed again?
Comment by
mrgneiss on Aug 11, 2011 8:46am
I guess "The Street" has egg on it's face. Analysts are for the most part idiots, they won't downgrade a stock until it's near a bottom or upgrade until it's near a peak. They care more about not looking bad about as opposed to doing any original thinking. To get an idea of what is really happening, do your own research.