Aug. 11 at 7:21 PM
$VG I'm the first to admit. What happened sucks. Why did it happen?
VG beat EPS:
$0.51 vs
$0.48 expected
VG missed revenue:
$4.58B vs
$4.66–
$4.69B expected
The market hates:
- Rising expenses
- Rising interest costs.
- Margin compression
- Weak pricing at a major facility.
The drop was driven by cost fears, not structural weakness.
VG must reclaim
$13.5, followed by 13.8, the Bull/Bear pivot first, then
$14.8 first to flip the tape bullish again, frustrating we were there yesterday before the
ER ..