A warning concerning earnings surprises
Last June, if memory serves, I let myself become overly fond of earnings surprises as a way of making picks here at Motley Fool. Over the next 6 months my score here fell through the figurative floor, going all the way down to -3500. That's MINUS 3500.
In December of last year I finally decided to quit paying so much attention to that particular factor, took the website which had sold me on it off my "bookmarks" list, and ended a lot of the picks I had made in that period. Since February, my score here, while still a neative number, has been making new 6-month highs 2-3 times a week.
So don't make the mistake I did and am currently regretting. Pay more attention too insider ownership, book value, etc. I believe you will be glad you did in a few weeks or months.