Wednesday, July 20, 2011
QCOM Beats, Trades Lower
Here's the story, but it's all about what I mentioned earlier, expectations and in this case, QCOM came in light on guidance and the stock is trading down in AH. Whenever I think earnings, I think of that song, "What have you done for me lately". I actually had a girlfriend about 18 years ago who actually asked me that question.
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