He told you that so he could sell his shares to you - looks like it worked out very well for him.
A guy who took the world leader in cell phones, and turned them into a has been - let Apple, Samsung and LG take over - and who took the stock from over $40 to the "single digit midget" it is now? Great, let me get rid of all my shares first.
according to Edsel Ford, who will pay up to keep him at Ford. People are starting to figure out that anyone who is a great CEO wouldn't want to run this company, and people who are willing to run this company aren't up to the job. Like trying to find a Coach for the Bad News Bears - why else do you think it is taking this long?
same deal, #$%$ quarter, but filled the gap (hit the closing price) the very next morning before finishing slightly lower. Look at the data. The "buy the dip" crowd will gladly pay $23 - $23.50 tomorrow at some point, easy 10% from here, happens time after time with stock after stock.
...they are exposed as the frauds that they are. Happens to a few per year. Salvage what you can, chalk it up to experience. Have any of you actually every used a product from NQ Mobile (thought not...)?
If it were good news, they would have announced it pre-market so the stock could gap and go. Halted on a Friday afternoon, usually bd news so you could digest it over the weekend. Not sure why they didn't just waituntil 4:16 pm.
You are right rulebreaker - the stock was down on Friday, probably shorted above $29, covering here below $28, then off to the Hamptons to spend the money.
What everyy MSFT shareholder will say starting next week.
If you had to value this stock without knowing that it closed at $35.44, you'd probably say $28. I have never seen a miss this big without a pre announcement - EVER