This is gold...
Shares of Cisco rose nearly 5% in extended trading after the company’s fiscal second-quarter report beat Wall Street expectations. The company posted adjusted earnings of 84 cents per share on revenue of $12.7 billion. Analysts surveyed by Refinitiv expected earnings of 81 cents per share on revenue of $12.65 billion. Cisco also gave a sunny outlook for the rest of its fiscal year.
Still more than 10% down from 2 months ago.
and the guy who posted the original thread " this is gold " is fairly new to Cisco, have not seen 100+ seasons with Cisco yet. Dont just jump - wait you will be on a LR conveyor belt soon. Just pray that you dont get the golden ticket.
It's a dead cat bounce.
If I had a finance degree, I can make numbers look good. Awesome Job by Scott - remember, the better the numbers are, the better is the bonus payout for him and Chucky as it will be easily approved by the board.
This goes to show a large chunk of people posting here just have no clue or authority whatsoever. Except for Chucky's Math Degree and uncleBen.
Yep. Gold. Very yellow. So yellow they sent out a bunch of LR meeting invites in the last 24 hrs.
Wonder what price will hit tomorrow.