I think you made a wise choice. Should be really interesting to see how this stock plays out for the rest of the week.
FWIW... I have a small position of 1000shrs/12.45... wish I had some more cash hanging around and I'd try for more in the morning.
Best of luck to you and the rest of the Longs...
Sentiment: Strong Buy
Won't it be wise to sell SWHC before the earnings warm up fades away and buy SRPT ...
I think it's possible we may see $15 tomorrow or by the end of the week depending on where the stock opens tomorrow. With good guidance and Battenfeld adding to the revenues with good profit margins I would think that $20 by year end is possible. If SWHC does what RGR did last week after earnings, it may get a nice boost into the $15 range this week. RGR climbed about 10% in the days leading up to earnings and another 20% the two days after earnings. SWHC is up 10% in AH. If it's gets another 5% increase tomorrow and it opens in the $14.30 - 14.40 range where it last traded in AH, it's possible tomorrow will be a great day.
in 2 days SWHC (James & Jeff) will be at the UBS Global Consumer conference.
A very timely follow up to the outstanding beat today.
NOTE: I truly believe they are smart enough with the one-off charge & strong beat, to keep a little in the back pocket for the next qtr. 15 = soon 20 = by end of 2015.
If it opens in the mid $14 range which is where it is now in AH, then there is a good chance it might hit $15 tomorrow. They forward guidance is good and with Battenfeld margins being positive I expect the stock will climb in the coming days.
Today was a shake out during regular trading hours. The stock is up $1.34 on almost 140,000 shares in AH. If all goes well tomorrow we should see the stock open in the low to mid $14's and climb into the $15 range. Analyst have the target price range from $15-16 and it's highly likely we will see that tomorrow or by the end of this week. With increased guidance and beating earnings by $0.09 per share, I would think that we should be mid $15's this week if not tomorrow. Good luck to all.
Sentiment: Strong Buy
Really haven't even considered nor studied that element yet.
Want to see first had it trades publicly for the next 2 trading days. Than I will have a little more feedback.
the price will be what the mms want it to be-do you REALLY think the downturn during the regular hours trading was purely supply and demand????
I agree, and I think we might see somewhere between $15-$16 tomorrow or in the coming days. Look at what RGR did when they beat expectations last week.