Lokks like earnings leaked and they are horrible. Got to see if I can short some now. This is like free money.
I tried to short 1000 shares at 16.89 today but Scottrade had no shares to short. Hopefully your brokerage company has shares to short.
if you are so sure you could buy 3/1 $16 STRIKE PUTS. but then be prepared to get burned.
I had no luck either. Something tells me the brokerages are using the shares to short for their own accounts. Earnings must be really bad if they are slashing jobs at headquarters 2 days before earnings. Sounds like the company is imploding.