system
A chat on subreddit /r/wallstreetbets
human
Big time dummy question...if there is an expected value for earnings, and a company beats that, but doesnt beat it well enough and the stock slides, why was the estimate not higher? What's the point of the estimate then?  
  
 Unless...all these number are all fugazi so algos and MMs can play however they want to collect their vig from moron retail traders...?

gpt
You need to look at P/E ratios. The company is trading at 56x earnings. It is already valued too high up. What you can expect is that the rally itself is the speculation that this is a good stock and it confirms it to people when earnings come out and it drops to get back to what the stock's support level is at.