Quarterly Burnings

I didn’t realize this until after the close (since I’m so caught up in other stuff during the trading day), but INTC – – once again!!! – – screwed up and released earnings before the closing bell. (How many times does this make it??) The stock popped huge based on the report, only to have those gains vanish after hours. Strange.

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Accounting wizard IBM rolled out their earnings, too, and the result was more straightforward…

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William K. 1 month ago Member's comment

That does not seem like an error, but rather a well-planned part of some insider activity that is probably not legal. Consider that the results were rather predictable.