The Day After: Oops-a-Daisy!
The day after ADSK lowered future revenue expectations, its share price has fallen 15% (over $6 so far) as millions of shares are exchanged.
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The day after ADSK lowered future revenue expectations, its share price has fallen 15% (over $6 so far) as millions of shares are exchanged.
When groceries go on sale, everybody flocks to the grocery store. When stocks go on sale, everybody runs. Well, all the people talking about the big sale run. A stock's price can't go down unless there are both buyers and sellers. We seem to understand the mentality of the sellers... what's the mentality of the buyers? (Yes, this is a rhetorical question.)
Posted by: Randall Newton | Feb 28, 2008 at 15:47