Folks, I just went short at $37.20. It looks like a great report until you see the revenue guidance for 2010 is 18 to 22% over 2009. I don't think anyone has calculated that yet, but they will therefore be open tomorrow.
A 22% increase in 2010 revenue brings it to 436 million in the current estimate is for 452 million. Anyway you slice it, that is at the very least a moving down of revenue by $16 million. At 18% increase, it's even worse.
This is like shooting fish in a barrel, can't believe this thing is trading higher.
most of you seems to forget that the economy sucks right now! This company is making money and that's better than most companies, as long they keep making money, it's a great company for investors. So to make anything unrealistic, you better off playing crab at the casinos.
It's up because nobody has done the calculation and reported it correctly. Briefing.com reported Q1 guidance as upward on revenue, but they did not do the calculation on the annual revenue guidance. They just reported the 18 to 22% number.
I can guarantee someone will figure this out before in the morning. That big of a revenue miss will put the stock at least 10% lower.