Linked by Thom Holwerda on Thu 18th Oct 2012 19:19 UTC
Google "Google was scheduled to post third quarter earnings after the bell on Thursday, but unexpectedly they were released around 12:31 PM in New York, revealing a big miss on profit. The company also missed expectations on revenue." I have no idea if the figures are bad, and if so, how bad. I mean, missing analysts' estimates doesn't really say anything useful, does it?
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by Digihooman on Thu 18th Oct 2012 22:46 UTC
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Analysts and other reliable crystal ball gazers predicted stability and continued world economic growth all the way up to the point where the world economies tanked in the recent GFC. If you bet solely on their reading of the tea leaves you truly are a thrill-seeker. Good luck to you. I'm sure the same analysts saw great value in Facebook shares at the recent IPO. Me, I slaughter my own chicken and read the entrails for a reliable forecast.

Reply Score: 3

RE: Analysts...
by kwan_e on Fri 19th Oct 2012 02:01 in reply to "Analysts..."
kwan_e Member since:

Me, I slaughter my own chicken and read the entrails for a reliable forecast.

Make sure they're free range chickens, otherwise you'll get artificially inflated predictions. Or maybe go the Apple route and consult a couple of turkeys.

Reply Parent Score: 2

RE[2]: Analysts...
by Digihooman on Fri 19th Oct 2012 17:52 in reply to "RE: Analysts..."
Digihooman Member since:

LOL, you just put the icing on my cake! Cheers.

Reply Parent Score: 1