Kostolany, the famous european specelator said that no one can effect the market by him/herself, only the investor's fear and untrust of the market do!!
This week, a lot of companies announced their third quarter report. As we can see,
the companies that have good performance on their report not result in the rise of the stock price. Take Amazon for example, its stock price drop 15% on the day they anounced the report. The report shows that it has almost "four times" profit than the same period last year.
But the pretty number is lower than the predict of the wall street analyists which make the stock price drops.
If we take closer look on the report result and the performance of the stock, we can easily found out that they are not highly related. The stock price depends on the mind of the investors.
What do u guys think?!
Thursday, October 25, 2007
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