All they did was show desperation, and allow these basket case shorts and moronic media outlets like Motley Fool to continue their trash talk. If they would have reported 85.5 million on their earnings date, it would have lifted the stock big time. I hope they learned not to do this with 45 million shorts aboard. They need to totally surprise them, not give them time to form a strategy.
Smart move to report early. In the past the shorts would post to raise the bar for dndn leading to a negative earnings announcement. Not this time and the earnings did beat expectations. They did not mention where the $43 million cash sale went. They did say they have $430 million in cash, not bad.
Smart move to report earnings early.