It happening to often. A company posts good results, like Wallmart did today, and its stockprice tumbes. WMT income was up 6.9%, sales jumped, analysts forecast were beaten on both earnigs and revenue. What happens to stockprice? Down 2% because of "cautious outlook for next quartes".
I have seen it happen on BIDZ, which I own: Bidz posted better than expected results on May7 2008, and went down 7% next day. Of course it recovered 20% in a week after that:
http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1210269000000&chddm=733&q=NASDAQ:BIDZ&
I've seen it happen on VIT Vance info, which was good because it fell 8% allowing me to buy it and came back up 15% next two days:
http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1210708800000&chddm=1955&q=NYSE:VIT&
More on my
Stock investment Blog