InvestBaboo

Big Lots: Good Report, Adverse Reaction

This is very discouraging. I lost my behind in MA wherein even though MA came out with stellar results, raised guidance, the stock got hammered. The same with PriceLine where beat the Q and raised guidance and the stock got hammered. Apparently, they only grew 80% and not 100% in their European arm! It seems the only way to make money in this market is to buy and hold good stocks and hope that they will do well in the long run and get recognized for their merits.