don t even bother to ask questions later because they ve gotten things so wrong. this market is littered with those kinds of mistakes, including today. nasdaq gained .38%. when i first got into this business there wasn t a rush for reporters to report the consensus estimates created by wall street analysts. these days they see if the sales and earnings are better or worse than expected. once they ve compared and contrasted, they pull some reason, some folderol from the release, to explain it, then boom, rapid fire posting, don t look back, on to the next company. we see this sort of thing this years. this week, there was four of them that were like this this year. it creates such a rush to judgment with so little time to breathe hthat people end up losing fortunes, trading off these slipshod bulletins that purport to say what really happened in the quarter, like you could really figure it out in 140 characters. hasbro reported today. the vast majority of these companies said
purport to say what really happened in the quarter, like you could really figure it out in 140 characters. hasbro reported today. the vast majority of these companies said it was a good buy. it keeps churning out hit after hit, and it capitalizes off of hit movies. despite those headlines hasbro opened pretty much unchanged. shouldn t it have opened big? no, it turns out, because when the company conducted its conference call, we learned things are not going all that we will at hasbro. at cfo deb thomas told you after flowery discussion, and a quote, owth in preschool categories decline in game and girls categories, end quote. what s that mean? you keep listen and old franchises like monopoly and other time-honored hits were more than offset by declines in a number of brands like my little pony. ouch! a number of brands? more than offset? that s real suboptimal language. how weak were the good friends that they could be overwhelmed by the bad ones? lots of people bought hasbr
than expected. once they ve compared and contrasted, they pull some reason, some folderol from the release, to explain it, then boom, rapid fire posting, don t look back, on to the nexex company. we see this sort of thing this years. this week, there was four of them that were like this this year. it createsuch a rush to judgment with so little time to breathe that people end up losing fortunes, trading off these slipshod bulletins that purport to say what really happened in the quarter, like you could really figure it out in 1 characters. hasbro reported today. the vast majority of these companies said it was a good hit, and it cacatalizes off of hit movies. despite those headlines hasbro opened pretty yuch unchanged. shouldn t it have opened big? no, it turns out, because when the company conducted its conference call, we learned things are not going all that we wi at hasbro. at cfo deb thomas told you after flowowy discussion, and a a ote, growth in preschool categories we
it creates such a rush to judgment with so little time to breathe that people end up losing fortunes, trading off these slipshod bulletins that purport to say what really happened in the quarter, like you could really figure it out in 140 characters. hasbro reported today. the vast majority of these companies said it was a good buy. it keeps churning out hit after hit, and it capitalizes off of hit movies. despite those headlines hasbro opened pretty much unchanged. shouldn t it have opened big? no, it turns out, because when the company conducted its conference call, we learned things are not going all that we will at hasbro. at cfo deb thomas told you after flowery discussion, and a quote, growth in preschool categories were more than offset by a decline in game and girls categories, end quote. what s that mean? you keep listen and old franchises like monopoly and other time-honored hits were more than offset by declines in a number of brands like my little pony. ouch! a nu
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