"Sony is forecast to report an operating profit of 65 billion yen ($665 million) for the April-June quarter, according to Citi estimates, compared with 6.28 billion yen in the same period a year earlier. " (CNBC) Sony will go up after August 1st. Better get during this dip. It'll hit $ 30.00 fast. Then come Christmas it will hit a 5 year high.
With earnings tomorrow and such a dramatic difference expected YoY why is the volume on this stock so flat today (and daily avg only 4M)? I would think there would be some buying in anticipation of good numbers. I bought in today at 21.31 and am here because of Loeb and what he did with my Yahoo stock. I think he is going to help drive this one higher as well.