On Earnings Calls, Optimism Can Be Dangerous
Are we saving the biggest hammerings for when companies say things are good when the market perceives them to be bad?
I keep thinking about that horrid Google (GOOG) conference call where the company kept saying things are terrific, no recognition that people would be disappointed by the ad sales and the surfeit of inventory and the spending that seems to go on for extraneous products....175 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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