They are spinning GAAP eps to $0.33 for 2006 and $0.31 in 2005 by backing out a couple of cents' worth of costs in each reporting period. That's fine if you want to call it pro forma, though DRIV thinks it's an "adjusted GAAP" measurement. Why would they do this?
The entire Motley Fool article is here:
Guidance was 12% lower, not on business conditions, but because of an explosion (ie temporary). The 20% drop is overdone. Be careful, there'll be a lot of covering towards close.
May 14, 2003, msg #26308 "BREAK-DOWN !!!" $2.65 sh.
You were bound to get it right eventually...
I'd call it dumb luck.
Try the weekly:
Bid is determined by the highest advertised buy offer.
Ask is determined by the lowest advertised sell order.
Market orders don't really get posted on any exchange, they are simply a function of your broker buying and selling posted orders.
That was a buy. If someone wanted to sell 600,000 shares, it would have happened over many trades in much smaller quantities.
I'm sure a crafty trader brought the price down to 3.09 specifically for that trade. That trade was at bid, not ask.