This subject has been opened buy a guy who has probably a
political agenda rather than a financial one.
His economical views are very detached from reality.
It could be more than one persons though IMHO.
Look at all the BS you are writing. You can't even tell the difference between a 'decline' from a 'growth'!!!
So on the surface, ie GAAP, the earnings number actually declined YOY. So where is the "YOY tinny growth" that you alluded to. Give me a break. You don't even have math skill at the 3rd grade level, how can I expect you to distingush GAAP/non-GAAP numbers!!!
But if you really want to understand CRNT, go back to read carefully all the numbers, GAAP and non-GAAP.
Don't show your foolishness again.
After initial confusion of retail investors reality is slowly taking over as the stock is beck under 6 and headding to 5.60's to test its support at 50dma. As poor earnings results brings up question: Will it hold there or will it come further down?
"we will see some selling today"...
Sure we saw SOME selling, especially from those who don't understand basic accounting.
To be successful in investment, a little bit of accounting knowledge is crucial. If you don't know which numbers to focus and how to interpret them, you're pretty much out of the game.