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Facebook, Inc. (FB) Message Board

  • pkj100 pkj100 Jul 21, 2013 10:12 AM Flag

    Rising price last 30 days indicates sharlply higher earnings ahead as.....

    Market price usually predicts rev. Forecast more accurately than street always seems to pick up leaks or inside info. Better than mkt. forecasters . Bottom line...expect strong earnings and guidance ahead on Wed. .....In my estimation

    Sentiment: Strong Buy

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    • boyoword Jul 21, 2013 10:16 PM Flag

      wrong, as smart money has been shorting since 24. Hate to break it to the world, but FB trade avg. 40% short daily. it only takes about 20% of the float to cripple any company.

    • That is not true. The saying is, "Buy the rumor. Sell the news". Expectations of something unknown drives stocks but does not predict what may happen. The rise on a stock like FB is not due to a pre-knowledge of earnings. Pre-earnings runs are very typical of stocks like FB. Many companies have had very high expectations just to miss those expectaions after earnings.

      The earnings rise has nothing to do with actual earnings.

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