I am about 95% sure that MS will provide us with some higher than expected earnings tomorrow. The reason for this is the rise in the mortgage markets over the past few months. They are an investment firm and don't think for one second that they are not taking advantage of this market themselves with profits from the housing industry. Another note is that the EURO is on the rise and MS does A LOT of business in Europe and that is only positive for their books. It may not reflect this quarter as far as the EURO market goes but it is only up from here. Short interest has fallen off the cliff with this company which in return will only cause this company to be more appealing to investors who want straight forward trading with minimal manipulation. All of the bashers and shorters should IMO hop on the bandwagon or you will get left behind with the rest of us waving at you while we toss you lollipops from our wagon. Good day to ya. Earnings tomorrow looking for a $19.50-$20 price range short term possibly higher on decent earnings.
MS moves on air and with any positive or near positive earnings could push us past $21 per share in the short term.