3 ms·

Because of something called P/E ratio

• tomatowurst 4y ago
  supply chain issues
• dubcanada 4y ago
  That has about as much to do with earnings as a coin flip. If it was entirely that everyone would just buy based on P/E. and since that’s a public number all stocks would be predictable. Instead we have TSLA at 128 P/E and AAPL at 28 P/E, MDB is at 9 P/E and was -2 a few months ago. None of that makes sense it’s purely speculation. I’ve seen stocks completely miss and fly off good guidance. And stocks beat by a lot and sell off because there is no volume.
  • rileymat2 4y ago
    Stocks are risk adjusted speculation, we want to think they are not, but it is simply not true.
• shapefrog 4y ago
  >Because of something called P/E ratio It is not. It is about guidence for the next quater - Apple Posted Another Great Quarter. The Next One Might Not Be As Good. (apple themselves say)