Hi, I interviewed at a HF Friday and pitched a SMID cap stock. The same day something material broke with the company down 15% within 1 hour of my interview, with the company saying they will miss guidance.
I don't know what to do now? I really cant undo whats happened but should i send an email to the interviewer explaining why the company is still a BUY? The thing is the PR company put out doesn't exactly explain what caused so i cant really reassess my thesis
| +18 | Final round interview with CEO | 2 | 19h |
| +18 | Feel like an underdog and can't seem to break into IB | 3 | 10h |
| +16 | Quant Position or a PhD Offer? | 3 | 36m |
| +16 | Do I Still Keep Trying to Land FT? | 12 | 2d |
| +15 | Quitting and Foregoing PE Offer | 0 | 3h |
| +12 | freshman: what to do to get ahead? | 2 | 3d |
| +10 | PJT Superday Questions London | 8 | 1d |
| +10 | Reneging 1–2 weeks after accepting FT offer, with nine months until start? | 3 | 5h |
| +10 | Need help with confidence - networking | 4 | 5d |
| +9 | Senior Off Season Recruiting vs. SA 2027 Internship | 1 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
If you are an entry level- then it will not matter much because what they are trying to assess is how you came to your thesis. They do not care if you are right or wrong- even the best analyst get their calls wrong from time to time.
Yeah agree with this. It really doesn't matter what the outcome is, the PM is ultimately going to be interested in gauging how your process works. Timing is unfortunate, but if they don't move you forward it probably is unrelated to the pitch.
This is a great lesson in whether you want to be in the buy side or not at all. Your entire career can be governed by unforeseeable circumstances. If you think it sux to have your stock go down 15% at an interview, imagine how much it sux when your PM is already holding the stock in the company portfolio.
However, as far as the interview goes. I don't think there is much you can do from here. Hopefully, the interviewer will evaluate the strength of your argumentation anyway. Look at it this way, a bunch of other well-informed investors also held your viewpoint. That's exactly why it fell 15% at the guidance miss.
A PM that's been on the Street for any length of time knows that this doesn't make you an idiot for picking the stock. Nor would you be a genius if it had jumped up 15% instead.
Eos nostrum quia ipsam aliquid sunt enim. Dolorem est aperiam vel non illo.
Facere voluptatum tenetur consectetur delectus voluptatem ea iure. Vitae repudiandae omnis molestiae facilis eum debitis. Animi vel quod libero dolores qui.
Enim voluptas enim adipisci quo dolores. Ut molestiae ad et et qui corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...