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IBDvalueinvestin (98.35)

Forget about Earnings, nothing can go up regardless of what they earn.



June 30, 2010 – Comments (0) | RELATED TICKERS: OMN

An example of that situation today is OMN, the company posted .33 EPS and its barely up at only .39 LOL.

So if a stock like OMN hits records and blows away estimates by a mile and only can manage a .39 gain that spells extremely bad chances for stocks that only beat by a little to go up at all. Chances are higher they come crashing down on small beats.

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