$Block (SQ.US)$ weirdest earnings response ever. missed eps ...
$Block(SQ.US$ weirdest earnings response ever. missed eps and revenue estimates but price heads upward
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pianoOP : not complaining though
Jack J : Go up. I bought a 100th call anyway.
jmax : It can be interpreted as: due to the loss of bitcoin, the net profit decreased, the gross profit of its own business and the number of subscriptions increased.
TeamSayu : because earnings doesnt matter. i find its just a tools for investor to see if they want to invest long term. short term wise it is still moved by the market makers
Markio1315 : You will see later, it will move up then down again. earnings nowadays don't matter anymore. It's a trap
SpyderCall TeamSayu: that's why i trade off of technical analysis mostly. But every day i do like to check earnings releases for the next day. If the price is near a technical level you can get some big moves in price action off of the technical levels on earnings day. Even for SQ today. check it out. SQ has clear technical price action. In pre market this morning The price was near a short term trending resistance. It dropped from there and closed the day near trending support before earnings were to be released after hours. After hours the earnings were released and it jumped right back up to resistance and closed after hours at that point. i wish i would have seen this one earlier
GuruGuruGulu Jack J: How are you feeling now? What a pitiful loss.
pianoOP : can't say i didnt sense this coming...
Master Corgi : Lol wait till you see solid earnings and stock still crash
Jack J GuruGuruGulu: loss? Why the loss? It's just that I'm making less money
