Don’t Be Fooled By A Sudden Increase In Earnings.

courtesy tradingview

If it’s 1000% higher then normal, they probably sold something.

courtesy yahoo finance

Wow, looks pretty good doesn’t it? 2272% increase in earnings! Well, not so fast.

They sold an asset. It wasn’t some magical increase in sales.

They just booked it as earnings. Don’t let the euphoria send you over the edge.