Earnings are out. Missed on revs. Net loss of $430 million (mostly on hedges), or $2.18 per unit, but beat by 0.16 on non-GAAP eps. Stock was up almost $1 a mid-day, but has seen some intra-day resistance around the $42 level.
With ex-div date still over a week away, I'm curious if any of you current longs (or short puts) are looking for any particular pps level as a sell trigger.
I didn't think it would walk up like it did later in the day, so I exited my Nov 37s early for 4.50 (cost basis 3.00). No complaints about a 50% gain, but a double would certainly have been nice. Good going, Roy.