The currency exchange rate can have a huge impact on earnings.
As we saw with April to December earnings, there are a lot of cases where earnings are coming in above forecasts ... companies are giving conservative forecasts, so I think full-year earnings will also beat forecasts.
I think a lot of this is probably speculative buying.
It is only natural that people want to take some profits, they have been making a lot on money lately.
Unless the company restructures thoroughly under the new management, the future of the airline will be uncertain.
My gas bill's probably running $350 a month.
Lousy capitalists! No picture! Capitalists! No one here to take my picture. All capitalists lousy bunch of crooks. Go ahead. Push the button!
( - March 20, 1933)
We've always had obstacles to overcome. But we're a family and we stick together.