| Joined: | Thu Apr 12th, 2012 |
| Location: | Sausalito, California USA |
| Posts: | 616 |
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I tend to look at these reports and say ... So what. Most of the expectations are driven by analysts who hype or overexpect.
There was another report yesterday that oil prices were down due to the recent agreement with Iran that they would fall in line with Western expectations for their nuclear program. This has NOTHING to do with oil. Yes there may be more sanctions on Iran if there had been no agreement but the agreement is not yet in force so how can this effect oil prices as there has been no change in oil supply!!! Over-egged response to current events. This is not cause and effect but rumour and bluster.
The analysts may be worthless, but the decrease in stock value weakens the company. They have less access to borrowing and become more susceptible to a take-over...imagine the disaster if Casio or Samsung were to buy Nikon!!!
____________________
Tom O'Connell
-Lots of people talk to animals.... Not very many listen, though.... That's the problem.
Benjamin Hoff, The Tao of Pooh