10.58 vs 10.55 expectations and big earning miss so that's why it goes up 4% ?
When revenue year over year declined 4% ?
Let me tell you why this is higher.
It's because it's a dow stock and if it tanked on earnings day the whole market would tank
What smart money would do is sell as later when they pump another dow stock they will sell this one.
PG is a good example last quarter it went up on earnings that were flat from a year ago (ko was much worse) then 1 week later it was down about 10% look I dare you)
Now you have the opportunity to get out on large institutions nickel when you know upside is nil downside is huge.
You could lock in gains now but you won't but you will remember I told you this and you will say:
"What was I thinking ?
kored- no.... I'll keep on receiving the dividend, and let you theorize the secret inner workings of psychotic Mr. Market. I won't sell the goose that lays the golden egg, while you chase the goose around the barnyard.