...and then the big fall?
I'm long, but I've seen this too many times with other stocks. Anybody think they will beat expectations?
yes. I'm in this business and I can tell you that there is no way that they can meet this QTR numbers. Sales were very slow and not much sale for the high margin ones. Good luck all
Sentiment: Strong Sell
I am kicking myself in the #$%$....bought at 25.60 and sold at 32. I have been trading TPX back and forth since the crash down to 22. The sell was overdone due to lack of earnings. TPX went to 80 because it was considered a growth stock. Now...the last two earnings have dissapointed...not sure what is going to happen with next earnings..but should have held into them. Should have known better...funds are buying this stock and the float is reduced. But...beware..once the hedge funds and institutional buyers start selling...we could tank. This stock has already had an amazing gain since Jan.
Good luck to all...I will buy into any weakness