Re: Q3 results
For example, I have spreadsheets on most companies that I own, this is where I project out a companies future earnings. If management takes a U turn with there business plan, that will affect and increase the investors risk profile, which would make the investor alter their return on their investment. And thats what exactly happened. I also subscribe to a couple if analyst reports and discussions, and most of them had mentioned that investor probably where surprised that caused the stock price to go down.