Why?

Discussion in 'Stock Market' started by Middleoftheroad, Oct 29, 2011.

  1. Middleoftheroad
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    Middleoftheroad Active Member

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    Yesterday (friday) I took a heavy loss on my main stock investment, and I'm still trying to figure out why. Thursday, they had their quarterly earning report, which I thought was excellent, that is here.
    Brunswick Reports Third Quarter Results - Yahoo! Finance
    The stock market in general shot up on thursday but BC stayed essentially flat, despite a very solid earning report that beat their expectations and the market expectation.. Then friday it lost over 8%. After hearing the quarterly earnings I was expecting them to outperform the market, not way underperform the market.
    Now before anyone gets on here and tells me that losses happen on the stock market, I fully understand that, I've taken losses before but normally I see why i took the loss. Here I just don't see why it happened, and want to understand.
     

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