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First Trust Mega Cap AlphaDEX ETF Message Board

  • slepley_98_1999 slepley_98_1999 Nov 4, 2001 2:07 PM Flag

    Earnings are out and losses....

    interesting that earnings are out with losses and the stock went up. Maybe on predictions of next year?

    I wonder what 4th quarter will be like. I'm guessing that 4th will be ugly for most in manufacturing. Still, FMK held up much better than I had expected.

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    • Now today is more like it. But I fail to understand why this one went up on the bad news then collapsed a few days later.

      Anyone know why FMK crashed this morning as opposed to when the losses were announced?

      I'm thinking Next quarter might be worse.

      • 1 Reply to slepley_98_1999
      • Maybe some "news" has leaked? Don't know what that news might be unless it's: "Fourth quarter might be worse". But I thought that was understood months ago...nothing new there.

        Still, weird behaviour for a stock that lost money to go up in price on the news...then crash?

        I don't see any signs they are folding...not yet. And a buyout would be a good thing most likely. But I doubt anyone would want to buy at this level. Let next months earnings push it down further. I could see this company getting taken by someone who has the cash and sees an opportunity due to the hole this company dug for itself.

26.92+0.09(+0.32%)Oct 21 12:26 PMEDT