Deere's CEO Sam Allen came up with one of the most baloney earnings estimates that I have ever seen in my life. $900 million for next year. Give me a break. DE will easily make over $3.70 next year, a $1 higher than Wall Street's low ball estimates and the baloney from their new CEO who wants to pretend that he is a superhero a year later after they've whopped his low ball numbers, when in fact, its just the tailwinds of the global economic recovery blowing on John Deere's back.
So ask yourself, if his estimates had any semblance of fact in them, why is the stock up?
And, if they were only going to make $900 million, and the stock is up on that news, what could bring the stock down?
That my friends, is a perfect example of al "bad news" being priced into a stock.
And it's also another example of Wall Street being on the wrong side of the trade, and the wrong side of fundamentals once again.
John Deere has lowered the bar so much, that you now have guaranteed upside beats.
Which means, the stock goes higher, because that's how Wall Street works!
And once again, before it happens, it was advertised here, before it happens.
Because every chicken little has already sold out of this name and the only folks left in this number are guys like me!
Remember this old joke?
Well, now the joke's on Wall Street's shorts.
Because instead of seeing a feather in the *ss, they now see a corn crop.
And they see it in Brazil!
2 comments:
2016-05-12keyun
adidas factory outlet
jordan concords
nfl jerseys wholesale
marc jacobs outlet
coach outlet online
kobe 8
air max 95
michael kors handbags
kate spade outlet
nike air max uk
fitflop shoes
michael kors outlet
coach outlet
abercrombie and fitch
louis vuitton outlet
basketball shoes
celine handbags
nike roshe run
coach factory outlet
adidas superstar
toms wedges
ray bans
longchamp handbags
oakley vault
coach outlet store online clearances
michael kors uk
michael kors outlet clearance
polo ralph lauren
louis vuitton handbags
coach outlet
air max 95
oakley sunglasses wholesale
jordan retro 8
hollister clothing
beats by dre outlet
kd 8
gucci bags
michael kors outlet
cheap rolex watches
coach outlet online
ecco shoes
oakley sunglasses
los angeles lakers
ugg outlet
bills jerseys
ray ban sunglasses
ray ban sunglasses outlet
raiders jerseys
coach outlet
Post a Comment