A pencil with a pentagonal cross section has the maker's logo imprinted on one of its five faces. If the pencil is rolled on the table, what is the probability that it stops with the logo facing directly up?
Above is the diagram of a pencil with a pentagonal cross section. When you roll the pencil, it will always stop on it flat side with the corner point up. The makers logo will never be pointing DIRECTLY up.
Probability of the makers logo pointing directly up is therefore zero.
A pencil with a pentagonal cross section has the maker's logo imprinted on one of its five faces. If the pencil is rolled on the table, what is the probability that it stops with the logo facing directly up?
Above is the diagram of a pencil with a pentagonal cross section. When you roll the pencil, it will always stop on it flat side with the corner point up. The makers logo will never be pointing DIRECTLY up.
Probability of the makers logo pointing directly up is therefore zero.
Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
Pinterest (PINS) Stock Sinks As Market Gains
Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%.
Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time.
Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.
