regardless of the margin weakness, this didn't participate in the market weakness and something tells me that this will be a sell the news situation tomorrow.
I am long and will definitely sell all my trading position and will just keep the long term based on the overall market weakness.
Wrong. Buy orders stacking up after hours. No one willing to sell. Doubt you will be able to buy for $4 or less unless they actually miss next qtr.
Ill lay a bet they raise guidance to 110-113 million with 28-29% WATCH... There are big boys in now and they will get there pay day , they always do. Just playing the game thats all. Demand is there and margins are awesome. Not to mention good cash.
Despite the warnings of some shorts, margins actually INCREASED this quarter and will remain STRONG next quarter at 26%-28%. LOVE IT!!!!!
Sentiment: Strong Buy
Oh ya. Thats why they they WILL BLOW IT OUT . Will revise guidance upwards later. This company is finally on track. Only took 5 years
Put a small short position to work at $4 in after hours. Management will need a BIG conference call to avoid the news getting sold tomorrow.
Despite the large upside revenue guidance gross margins are projected to come down leading to net income to be also lower. Expect analysts to ask questions about the issue on the call. Stock looks pretty expensive...
Yeppers, they did it!!!!! Actual profit from operations! Yowsa, thank heavens I didn't sell all my shares!
(but sold everything else, this market is really crazy at the moment)
I'm feeling great about earnings and look forward to the numbers after close. Hoping the stock hits highs we haven't seen since 4 years ago! I think I see $4 in the horizon! Good luck longs!