Yahoo beats expectations — market tanks

from the Does-the-stock-market-actually-make-any-sense dept

Yahoo beat earnings, but missed the totally irrational whisper prices. Yahoo is down significantly in morning trading, pulling the whole market down. The markets have gotten into an extremely dangerous situation where meeting or even beating expectations is no longer enough. This is not healthy, in the long-term.

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Comments on “Yahoo beats expectations — market tanks”

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Mark Baker (profile) says:


Who sets whisper prices anyhow? There’s way too much opportunity for corruption there.

I think I’ll create a “Mark’s price”, market it as the be-all and end-all of EPS metrics, and then make a killing intentionally under or over estimating and getting in early on the resultant action. Yeah, yeah, that’s the ticket.


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