« GS - Goldman Sachs Reports… - Earnings Winners and Losers for 12/18/07 »

PALM - Palm, Inc. Reports…

18 December 2007
Author: Harvey Posted under Investing

Today PALM - Palm, Inc. reported a -.07 per share loss versus last years .17 per share. But looking at their earnings history, last quarter was a perfect shorting opportunity. Their share price then was $16 and they reported .07 vs .21 the prior year and .17 the prior quarter. Apple was selling lots of iPhones and iPods RIMM was clicking on all cylinders as well. Where else could their share price go but into the toilet. Net result - Closed at $5.93 today.

So the question is… Where are they headed? Probably the septic tank, down -$0.66 (-11.13%) in after-hours trade.


Leave a reply

You must be logged in to post a comment.