10baggerbamm : they beat revenues. The earnings were online and the guidance was slightly higher than expected so why did it fall because it wasn’t good enough

Golfers Revenge : Great place to start planning your day!

Golfers Revenge Golfers Revenge : Of the “gapping down” shares I’ve sold four. $Lemonade (LMND.US)$$Steakholder Foods (STKH.US)$$Vertiv Holdings (VRT.US)$
all have been profitable, at this point of the day?

10baggerbamm : so earnings were just released earnings came in line revenue is a fractional beat and the stock is down five bucks it's basically the same thing that happened last quarter they raised the guidance higher than expected doesn't matter because you have no significant revenue beat and no earnings beat so coming in line nowadays is not good enough you have to exceed revenue you have to exceed earnings and you have to have your guidance higher than expected..
this is a very good company it'll get slammed today let it wash out don't try to find the bottom if you look back last quarter you'll see the drop on earnings you'll see how much it trended down afterwards how it traded sideways before it began to have accumulation it'll probably repeat the same exact thing