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Pfizer Inc. Message Board

  • chrt13 chrt13 Apr 17, 2008 5:55 PM Flag

    The height of irrationality

     

    It's totally irrational when:

    1) PFE stock falls after a quarter when they beat earnings but fail to raise annual guidance.

    2) PFE stock falls after an earnings miss but when management pointedly reiterates annual guidance.


    It's actually somewhat logical for the stock to fall in circumstance #1 since if management is taken at its word, failure to raise guidance after a decent earnings beat would imply weakness in later quarters. And the stock market is a discounting mechanism.

    But if management is to be taken at its word and they reiterate annual guidance after missing, it just means that the later quarters will be doing that much BETTER than originally expected.

    And being a discounting mechanism, the stock really should RISE on such a combination of years - especially when the company has a fine history of delivering on their annual estimates.

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    • It's totally irrational when:

      1) PFE stock falls after a quarter when they beat earnings but fail to raise annual guidance.

      2) PFE stock falls after an earnings miss but when management pointedly reiterates annual guidance.

      ===========

      http://www.youtube.com/watch?v=2MoRaSkGVKs

      Of course it would NEVER occur to YOU

      that maybe the street did not like,

      or did not believe,

      "the guidance" provided on either occasion.


      What you get and what you see
      Things that don't come easily
      Feeling happy in my vein
      Icicles within my brain

      Something blowing in my head
      Winter's ice, it soon will spread
      Death would freeze my very soul
      Makes me happy, makes me cold

      My eyes are blind but I can see
      The snowflakes glisten on the tree
      The sun no longer sets me free
      I feel there's no place freezing me

      Let the winter sun shine on
      Let me feel the frost of dawn
      Fill my dreams with flakes of snow
      Soon I'll feel the chilling glow

      Don't you think I know what I'm doing
      Don't tell me that it's doing me wrong
      You're the one who's really a loser
      This is where I feel I belong

      Crystal world with winter flowers
      Turns my day to frozen hours
      Lying snowblind in the sun
      Will my ice age ever come?

    • The only irrational is you, and it is about time you accept it or else you'd be considered a notch beyond "the irrational." For a long time the stock has been very weak. If that doesn't say something to you, waht does? Your superior methods? Enough Yo!

    • You are reaching new depths of stupidity!

    • Hey, numbskull!

      Why is it hard for you to understand that management has a wide guidance range, so they can meet it but at the lower end, ie below current analysts' consensus?

      I see that arithmetic, logic & reasoning aren't your long suits!

 
PFE
33.97-0.62(-1.79%)Jun 24 4:00 PMEDT