This is an example of how frustrating “investing” can be….

Yesterday afternoon, after the markets closed, Pitney Bowes (PBI) released its Q3 2011 earnings results.

Read, below, what was said on the web-site of http://www.takeoverchatter.com

WEDNESDAY, NOVEMBER 2, 2011

Earnings Surprises of the Day: (GWR), (GLDD), (IPGP), (INT), (PBI)

Pitney Bowes Inc (PBI) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $0.69 when they were expecting earnings to be $0.54 per share. Actual earnings beat estimated earnings by $0.15 per share. Investors could expect the stock price to rise on better than expected results. Further analysis on other trends may need to be completed to determine whether the upswing will be confirmed. Guidance, stock price, and revenue estimates must be considered as well. There are currently 4 analysts covering this firm. Investors can look to their reports for more information. Shares of PBI fell by 1.32% or $-0.26/share to $19.46. In the past year, the shares have traded as low as $18.00 and as high as $26.36. On average, 3274750 shares of PBI exchange hands on a given day and today's volume is recorded at 851470.

Investor’s “could expect the stock to rise.” ?????

Wrong!

Here’s where PBI was early this afternoon:

Pitney Bowes Inc. (Public, NYSE:PBI)

18.83

-0.89 (-4.51%)

Real-time: 1:18PM EDT

Range	18.83 - 20.19
52 week	17.95 - 26.36
Open	20.19
Vol / Avg.	4.11M/3.03M
Mkt cap	3.82B
P/E	10.93