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SBUX Record Second Quarter 2012 Results, but stock down?

 

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Starbucks Reports Record Second Quarter Fiscal 2012 Results but the stock is down in after hours...

any ideas why people?

after growth in china nad some what in Europe, still gets much better than expected earnings but why is the stock declining?

2 Replies

  • Apr 26, 2012 at 5:54PM
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    Member log  BigPhoenix Member participation ranking in the ZeccoShare community

    Was all factored in the epic run it had until now. It was set for perfection, and expectations pushed very high. Results couldn't satisfy.

    But also, SBUX keeps opening up new stores to hide slow growth in existing ones. Don't be fooled by earnings....

    One shall not pay attention to analyst estimates and just focus on the charts.
    The charts said a sell, yet they beat on all fronts!
    3 vote(s)
  • Apr 27, 2012 at 10:47AM
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    Member log  MichaelAnthony Member participation ranking in the ZeccoShare community

    thanks!!! add me on skype to swap ideas and news business news " michaelballstocks "

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