MarketFoolery: 10.24.2012

MarketFoolery

The Motley Fool

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4.7 • 1.7K Ratings

🗓️ 24 October 2012

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Shares of Facebook and Panera rise on better-than-expected earnings. Netflix tumbles after weaker-than-expected earnings. And investors react to Apple's newest iPad.

Transcript

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0:00.0	It's Wednesday, October 24th.
0:04.0	Welcome to Market Forward.
0:05.0	I'm Chris Hill in joining me in studio today.
0:07.0	Fromotly Cool Asset Management, Tony Arstah,
0:09.0	and for Motly Cool Inside Value, Joe Maker.
0:12.0	Good to see you guys.
0:12.8	Tony, coming upstairs.
0:14.2	Tony, coming upstairs.
0:15.3	Out of the dungeon.
0:16.3	That's right.
0:17.3	We finally, we finally lit a man is unchained.
0:19.3	Basically, Tony, who is not only one of our stars at Motley Full Asset Management, he's also a regular
0:24.4	listener to market foolery.
0:26.1	It basically took several months of Tony just saying, I can't believe what those guys were saying
0:30.3	about Company X.
0:32.4	So anyway. I'm thrilled you're here. I don't have to
0:35.1	criticize you off air now. That's right you can do it right to his face.
0:39.2	Earnings Polusa rolls on we've got earnings from restaurants and
0:43.1	Netflix we will as promised talk about Apple's event yesterday but we are gonna
0:47.8	start with Facebook and good news the rare bit of good news shares of Facebook up more than 20% this
0:54.2	morning the company posted a loss in the third quarter but Tony
0:57.9	revenue was up 32% and dare I say they appear to be actually making money on
	...

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