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.
« Coincidently, | Main | Mobile Apps, Dead; Web Apps, Live »
Feb 27, 2008
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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