What's new this time is the Icahn factor. Hopefully, those of us who are long, want good numbers. However, if numbers don't beat or impress, I see the downside as limited as I fully expect CI to have a response. In reality, an earnings miss could propel the stock price a couple of dollars higher if Icahn goes on the attack. I have bought in near the lows, so I plan on sitting back and watching. It could be fun and profitable
Seems like the lull in volume is passing with more actual action today. I see a slow creep to 22 between now and earnings. We're not the only ones seeing real upside in this thing, and that CC is the catalyst. Plus with the Dell deal wrapping up, it's seemingly next on the Icahn list. The hedgies don't have time to sit around and wait, they'll jump in in the week or two before the CC, then either pile in even more, or flee the scene depending. They're interested in the stock, that's the only reason there was such a violent reaction to the last two CC's was because they were trading this thing.