Who are these "analysts" who predict a company's pass/fail status? According to news reports, the "analysts" forecasted that APPL would sell 55 million iPhones the last quarter. Unfortunately, they "only" sold 51 million units. And for that, APPL gets a fail, resulting in an overnight stock drop of $50. BTW, I didn't know NASDAQ stays open overnight. Do I need to knock on their door for insight?
I suppose the "analysts" are there to provide investment data, but it seems they end up manipulating stock prices which is good for those who, with close cooperation from the "analysts", can quickly leverage buy/sells to their advantage. The average investor? Meh.
BTW, APPL is supposedly sitting on $150B cash reserves. Another big fail
Sherwood