Sorry, that is incorrect.
When a public company misses its quarterly revenue estimate, the stock almost always takes a hit, and usually a sharp hit.
Re: "Stock price is not an indication of company health."
I disagree.
The stock price X (times) the number of shares equals the price that thousands of individual shareholders are willing to pay for the whole company plus dividends.
Code Toad - Do I lecture you about software engineering?
Perhaps you should not lecture someone who has been trading stocks for 60 years?
I don’t think we will know how the stock price is going to be affected until the second quarter sales figures come in and we see exactly what is happening until then everything is a speculation
“Re: “The revenue of a company is not tied to their stock price.”
Sorry, that is incorrect.
When a public company misses its quarterly revenue estimate, the stock almost always takes a hit, and usually a sharp hit.”
No, that is the stock price being tied to the revenue reports. The company does not see more or less money, meaning revenue, based on what their stock is doing. You obviously do not know what the term “revenue” means.
If you had really been trading stock for “60 years” you would have understood that concept.
60 years?????
What are you, about 85 years old?
The math doesn’t add up.
You fail.
You probably subscribe to the old buy it for a dollar, sell it for.99 cents and make up the difference in volume crowd.
I would not buy anything from you.