my educated guess is that earnings will be 27 to 30 cent range. Without forward looking guidance, we may see a 7 to 10 % drop here come Monday, especially if the market takes another dive. Unloaded half my pos on Fri and plan on picking up the pieces late Tuesday or Wednesday. Good luck.
Why watch Monster dump from $50 to $38 on no news and then decide to dump half your shares just before the quarterly report? Are you trying to buy high and sell low? This stock has a volatile history as an internet category killer and as such one can pretty much expect big selldowns from time to time that don't really mean anything fundamentally. Maybe this time is different, but I doubt it. We saw a big selloff from $60 to $35 that ended last summer followed by a run up to $55 and now we're back not far from $35. I can't help but think this is simply another buying opportunity in the $30s. Revenues and profits continue to grow, Monster is still THE on-line job web site with a growing global presence.
if they eps are in the range of 27 to 30 range. Stock will not dropo 7 to 10% but it will drop more like 25 to 30%. I think people still are expecting blow-out numbers from this matured company. You have to set your expectations low for the stock to move higher. We need have all these speculators flushed out before we can make any meaningful move to the upside.