It has suddenly bolted to the upside and is now changing hands at $14.53 after hours.
CNBC reports that Chambers says the company will "continue to show improvement" in its first fiscal quarter of 2012 which ends 9/30/11. Consensus for next quarter is 39 cents but with the company reporting 40 cents for the June 2011 quarter, it should mean guidance of 41 cents or higher.
So were have the winning trifecta here - a beat on earnings, a beat on revenues and a hike in at least next quarter's guidance. It looks like in the end I backed the right horse after all.
This reminds me of when, after going whole hog into HOG at $48, against advice of your betters, you got all giddy when, after bottoming out at $8, it surged to $28, claiming idiotically, insanely & ignorantly that you were somehow "right" all along.
I was doing tremendously through about July 6 at which time I had a 114K profit on my Pfizer holdings from inception. OTHER PEOPLE sure weren't thanking me for anything at that time. At any rate, I'll easily recover from this latest market setback just as I did after the crash. At least this time Pfizer will be starting from the 16.60's instead of the 11.60's.
I would question more if the rib roast is really prime. Cheap places label their rib roast as prime rib when it really isn't. What really tells the tail is not so much the rib roast but the quality of the Yorkshire pudding.
A few of the best chocolate makers are Italian, but overall you have to go with the French.
Of the top ten major makers in the world, ten are probably French.
They can pack fudge like no one this side of Westchester, LA.
I don't know about that Charthouse , but, the Charthouse on Kanapali Beach in Maui sucks.
The locals there know it as did I when I lived there.
You got a weird idea of what is 'best of the best' boy.
Just like you have about 'best methods' in the market.