Fri, May 24, 2013, 6:56 AM EDT - U.S. Markets open in 2 hrs 34 mins
guidance crazily high
If you sell something for a dollar and it costs a dollar and a nickel to produce it, the more you sell, the worse you will be financially. Higher revenue guidance is a bad thing for a company that loses a nickel for every dollar they generate.
Oh, really? Take a look at GRPN -7 BILLION markcap company. Now OZC seems like GRPN based on this rev growth guidance.
fio guided at 563 million for fy 2012,.
and then drop almost 16% the next 3 days.
I agree. For a **growth** stock, this thing doesn't command much.
Let's see, 15% higher guidance on a loss is still a loss.LOSER STOCK!
The st doesnt care if they keep losing more and more $ every year!