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I think the stock ups or downs isn't about profit. It's more about people's believe. Take Amazon and Apple for example. Amazon barely makes profit while Apple
by tuananh 13y ago
I think the stock ups or downs isn't about profit. It's more about people's believe.
Take Amazon and Apple for example. Amazon barely makes profit while Apple made huge profit, and yet when they released their financial reports (last quarter or 2 quarters ago), AAPL got hit yet AMZN upped.
- mathattack 13y agoRight, and he hasn't moved the stock at all relative to the expectations when it was handed to him.