4 ms·
In the 18 years i've been at GOOG, what direction the stock moves post-earnings is always random, and then talking heads try to post-facto rationalize it. I've
by DannyBee 3y ago
In the 18 years i've been at GOOG, what direction the stock moves post-earnings is always random, and then talking heads try to post-facto rationalize it.
I've seen Google blow away earnings and all expectations and be down 10%, and completely miss expectations and pop up 5%.
- renewiltord 3y agoEveryone has an explanation for this but a while ago there was this online game someone made which would give you some metric about some public stock and then you had to guess to buy / sell. It's not that straightforward. Here, GOOG was $144.99 on Jan 18 and $144.50 on Jan 30 and this is supposed to be some dramatic shift in things? Bullshit.