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Dell (DELL): FQ2 EPS of $0.50 beats by $0.05. Revenue of $14.48B (-8% Y/Y) misses by $170M....
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Tuesday, August 21, 2012, 4:06 PM ETDell (DELL): FQ2 EPS of $0.50 beats by $0.05. Revenue of $14.48B (-8% Y/Y) misses by $170M. Expects FQ3 revenue to decline 2%-5% Q/Q (consensus is for a 2.6% increase). Expects FY13 (ends Jan. '13) EPS of at least $1.70, below a $1.91 consensus. Shares -2.4% AH. (PR)
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This is why so many people lose. They are brainwashed by Wall Street to follow yesterday's winners. Wall Street uses terms like "bell weather stock", "most widely held" etc, in order to keep the masses dumbed down and investing in all the same stocks.
Really is a shame.