There is ABSOLUTELY NO RUNUP into earnings! No enthusiasm. I can't imagine this is just due to DDRX's lackluster earnings. Something else is going on behind the scenes. Is some big institution feeding out shares to the bid to move a big chunk because they don't want to be in during earnings?
The way the stock flatlined the prior 3 days was uncanny. Today has a more movement.
I have no position, but was thinking of going long into earnings until I noticed the weird flatline trading.
Check last year... It traded in the $34-$37 range for the 4 weeks before earnings. It even sold off the day before, went from $37.xx, and broke below $35 and finally closed at $35.15 (split adjusted). What happened the next day once earnings were released?