After Eagle Bancorp‘s (EGBN) last earnings report came out, the stock plunged 10%. I though the results were just fine. The sudden drop caused some investors to freak out. We held firm and the stock eventually recovered.
I think I’m one of the few people who actually remembers these mini-panics that blow-over. They happen so often, and yet people always get rattled by them. When you own good stocks, as we do, it’s easy to ignore the turbulence.