EAX 0.00% 22.0¢ energy action limited

Ann: Trading Update and Revised Earnings Guidance, page-8

  1. 2,470 Posts.
    lightbulb Created with Sketch. 55
    re: Ann: Trading Update and Revised Earnings ... "Step 1: Make a ridiculous forecast
    Step 2: Sell shares
    Step 3: Retire

    ....wtf?"

    Yes not a good look and far too much of this happens on the market.

    As for holding any EAX stock, I try to be ruthless. Basically share prices follow EPS growth (with plenty of noise in between). If there is no growth expected for a year I dump everything and either hold cash or find something that is growing.
 
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