Oppenheimer has issued a report updating on the expected earnings for Corning Inc (NYSE: GLW). According to the report, “We're incrementally positive on GLW heading into earnings on April 27. While the earthquake in Japan has created a near-term headwind for Corning's LCD glass business, we think the stock's recent weakness overstates what will ultimately be a non-recurring $0.05 hit to 1H11 earnings.”
What are you doing in a Corning room? Nice to hear from you again. So I tell you to get out a couple weeks ago when the stock is at $8 and you say it's going up to some ridiculous number and I say you're an idiot. Then it goes down to $3 and you disappear. Now it's at $4 and you want to call me out? Apparently, you're one of those people who are happy to only lose half their money.
DGW is still a fraudulent piece of garbage company and if you don't cut your losses during the dead cat bounce, you're going to get pounded again. I got out on 3/10 at $9.40. Call me out when that turns out to be a bad decision.