$ic Money allows us (SigEps and anyone else) to discuss research methods, investment strategies, and overall trends in the equities market. Our hope is to get more individuals exposed to and interested in the stock market. $ic Money provides commentary and analysis on market happenings. Any questions, comments, or concerns can be directed to sicmoney@gmail.com.
Tuesday, January 29, 2008
About tomorrow...
Here's some opinions from people way smarter than us.
Yahoo! reported fourth-quarter earnings that beat analysts by $0.04 cents per share (forbes). However, Yahoo! also said it will cut 1,000 jobs from its workforce of 11,400 (forbes).
As a result, yahoo's stock fell more than 10% after hours yesterday.
Bottom line, read the article and understand that doing your homework before purchasing a stock will help you out.
Sometimes "good news" means you should sell.
ReplyDeletehttp://www.investopedia.com/articles/stocks/07/sell-on-news.asp
the article above illustrates reasons why you really need to do your homework before deciding weather a company is right for you to buy stock in.
Perfect example would be yahoo.
http://www.forbes.com/2008/01/29/yahoo-earnings-google-tech-enter-cx_wt_0129yhearn.html?partner=links
Yahoo! reported fourth-quarter earnings that beat analysts by $0.04 cents per share (forbes). However, Yahoo! also said it will cut 1,000 jobs from its workforce of 11,400 (forbes).
As a result, yahoo's stock fell more than 10% after hours yesterday.
Bottom line, read the article and understand that doing your homework before purchasing a stock will help you out.