What is pushing higher
OK - here's why, but you HAVE TO KEEP THIS A SECRET!! There are more buyers than sellers! Now you know
We got MGM.
on nearly every stock, the day of earnings before they are revealed, there is a slight climb. remember last year when it tanked 40% after hours, it was actually up 3-5% for that day.
this climb is normal and does not indicate a result either way. with that said, the rumor is that on the fundamental level, they are reporting a loss. expect this stock to dive under $3.
tomorrow during the conference call, it may sky rocket with any big announcement. but there will be no announcements today.. just earnings
Sentiment: Strong Sell