you are viewing a single comment's thread.
#'s were TERRIBLE
The stock is priced based on 2014 revenues, and a spike in RE prices. Nothing about the current earnings release has anything to do with either of those two factors.Keep an eye on RE spot prices. If they go up, MCP goes up and if they go down, then MCP goes down.Also keep an eye on the dollar index.
hey rook...this trade isn't about the actual numbers. it's about the smoke that MCP sells in futures. we'll see if anyone buys it.