Actually, of all the mighty investors of the world, (the great) Buffet actually recommended many times to the company he owned shares of to not offer guidances anymore, since it creates useless fluctuation in the stock. Funny, isn't it?
I think Coca Cola's CEO is one that accepted that and changed it's behavior.
Guidances create movement that benefit the analysts who have a heads up on it, and people who PLAY the stock market. Long term investors do not gain from it.
Google's "players" are frustrated because that's an overspeculated/inflated stock and there's big drops in those. Let them burn...
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Actually, of all the mighty investors of the world, (the great) Buffet actually recommended many times to the company he owned shares of to not offer guidances anymore, since it creates useless fluctuation in the stock. Funny, isn't it? I think Coca Cola's CEO is one that accepted that and changed it's behavior. Guidances create movement that benefit the analysts who have a heads up on it, and people who PLAY the stock market. Long term investors do not gain from it. Google's "players" are frustrated because that's an overspeculated/inflated stock and there's big drops in those. Let them burn...