Seeking Alpha
  • Ocean Man
    Mid-quarter guide-downs are becoming a daily event. KEX
    6/22/12
    Reply (7)
    • BTD70: Is lowering guidance typically only done at earnings time?
      6/23/12
    • DaLatin: Yes & I pounded the posts of slowing & even multinats dropping.Warned old thread buddies b 4 CAT & MCD.Many more 2 come. Recession mid 2013
      6/23/12
    • Mercy Jimenez: Yep agree many more to come: http://bit.ly/KTjNNo
      6/23/12
    • BTD70: So--it's basically kind of sneaky when they do it mid-quarter?
      6/23/12
    • Ocean Man: No, it's admirable mid-quarter. Looked down upon when they miss big w/o warning mid-qtr. But it's a sign that 2Q earnings are sluggish.
      6/23/12
    • DaLatin: Not sneaky ! There public & by preannouncing they think it softens the big hit on the release.Often the analys cut 2 much & then they beat !
      6/24/12
    • BTD70: Thanks for clarification.
      6/24/12
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