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DreamWorks Animation SKG Inc. Message Board

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  • bluestarromeo bluestarromeo Mar 18, 2008 8:24 AM Flag

    Financila markets are teetering

    Please understand I am certainly not dismissing earnings. What I am dismissing is people who constantly come back to PE or some other metric to justify a short term move and then get frustrated when the price does something seemingly illogical. My point being in a real time "snapshot" price can react to the broader market, a large holder selling for it's own reasons, or a host of other factors that have nothing to do with earnings. As far as the retest, I find it hard to believe that DWA would reverse a major downtrend with it's current technical picture.

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