Re: B-Lunist, "Watch ONLY the price and you might be making a big mistake."
I agree but would add one other word; "Watch only the price and news and you might be making a big mistake". The pps has been moved by apparent good (if not extraordinarily good) news too many times in the past. Many have now learned that the seemingly good news must be reflected in a 10-Q EPS report - until we see the EPS it's pretty much meaningless.