As of late everything social is getting front page headlines across
the media as many are announcing their earnings report. The dribble:
“Better than expected, and the jump in stock price is showing they’re
learning how to monetize.”
Well OK. However, exactly how are they monetizing? And is the jump in
price a true jump? Or a short squeeze? Hard to tell either way.
If you listen to the analysts or the so-called “smart crowd” when
these reports are given. One thing stands out to my ear when they begin
to gloat on the spectacular increase in sales as the cause for the rise
in earnings or other metrics.
I listen for one thing: Sales of what?