...where a company's profit drops 53% and the stock goes up. Just goes to show how this market is driven by hype, hope and ignorance. It's insane!!
Hey jeeree234, it's all about the "FUTURE" earnings and apparently "THE FUTURE IS BRIGHT".Lesson learned?
Are you expect that they are going to earn 4-5$ in 2010?!?!?
No future earnings! Housing permits just took the biggest drop in 5 months.The last thing we need is another new house or shopping center.
You would think after the last 2 Q's you would have got the hint.