If the company has negative revenue, that would make sense. Prices are somewhat forward looking. It’s not just a statement if physically held assets at that exact moment
I’ve seen this happen with a company that increasingly beat earnings (and is EPS positive) every quarter this year. Wall Street doesn’t care because it has already made up its mind what has to happen.
If the company has negative revenue, that would make sense. Prices are somewhat forward looking. It’s not just a statement if physically held assets at that exact moment
I’ve seen this happen with a company that increasingly beat earnings (and is EPS positive) every quarter this year. Wall Street doesn’t care because it has already made up its mind what has to happen.
Sounds like a great investment opportunity.
Time will tell.