Jumping the Gun
We are seeing too much shooting first and asking questions later. Take last night. We got reports from two companies in two very different industries: Electronic Arts (ERTS) and Core Labs (CLB). Both reported excellent quarters but both guided lighter than expected.
Both immediately traded down, Core Labs to $106 from $107 and Electronic Arts down to $16 from $17....212 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
