Early morning session will see the rest of them go.
I expect the stock to begin moving upward late morning and peaking just before earnings, which is after the close tomorrow. We should see more trading in after hours once the numbers are announced. It could be a real good night or a bad one. I'm betting on good for a lot of reasons that I have already spouted out.
have too much faith in INTU's business model and their newfound fiscally-conservative management stance. Besides, I've already tried a stop-loss placed in slightly negative territory and the only thing that did was assure my loss. I'm riding this puppy til at least January, and if the fates be against me, I'll buy and hold. INTU is the best play I've made so far. If I had more dough, I'd put in a buy order at 51. Could be an options play for the brave and faithful.
Take a look at Agilent (A). Absolute blow out earnings after the close today. Similar symptoms intraday: some investor selling before earnings (down approx 6%), yet after hours hardly recovers half the ground lost, in what should be a 15pt move upwards!! Hope we won't be dealing with the same thing here. I can't think of any two companies out there more solid than Intuit and Agilent. What's up with that?