MM's are holding tight, but tuesday this will bust up finally...sector rotation is started lightly today, and will follow thru tomorrow...next week is payday for all longs...uh..tough crowd
Sentiment: Strong Buy
True for 2013, but these results are for 2012 prices.
I believe, still the higher revenue for that quarter WILL give higher profit and 2013 is with higher prices, so their guidance also should give the boost to PPS on Tuesday.
As you say, buying may start in earnest from tomorrow. Hope the market holds for next 3 days.
If you take ACI's guidance in its '12 3rd Qtr report one sees $40m pretax loss for ACI's 4th Q.