DD and GE going down ??

Discussion in 'Stocks' started by luisHK, Apr 21, 2011.

  1. luisHK


    Those 2 stocks were 3% premarket after beating earnings, and are now in the red.

    Any idea why - especialluy DD who is still plunging but beat the earnings I thought I read handsomely?
  2. luisHK


    Thanks, I read this yesterday as well. Looks quite severe a reaction anyway.

    Didn't find that much abt DD and although it picked up slightly in the afternoon it didn't get back to his premarket levels.

    Definitemy have to be careful when reading the earnings, I was long a significant amount of money on one european stock when the 2010 earnings were announced, and although the numbers were higher than analysts had predicted, it plunged 6% on that day :(