Skip to comments.The Spread Between Too Public and Barely Public
Posted on 12/01/2012 10:46:10 PM PST by publius321
Somewhere is a line between excessive hyping of a stock and what is appropriate to informing potential investors about the future investment prospects of a company.
Daktronics (NASDAQ: DAKT), which on Tuesday, Nov. 20 released news of solid revenue growth and blew away the Street's earnings consensus, is an example of a company on the extreme end of the under-hyped spectrum.
The chart below demonstrates how the stock went from $6.32 a share in late August to approximately $10.00 a share after surprising the Street for that quarter... (continued)
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