based on sell the news in anticipation of earnings coming out. Either way it may go down. Down a lot if it does not meet the numbers and down a little if it does meet.
I bailed out today @38.42. Took a small profit plus the quarterly dividend.I think that the stock will revisit $36 soon, after the takeover buzz dies down, at which point I would buy back in.
I believe you made the right call. Sentiment in this company is negative and most likely will open down.
I bought (25) May 40.00 Calls!!!
sold half for a small gain, I do not like to gamble into earnings regardless of the stock.
I couldn't resist, sold 200 shares @ 38.50. I only have 100 shares remaining, maybe I get lucky and add more shares lower.
well lee i can see your clueless about this company like so many on this board, well go sell it you big dummy but you will be sorry.
The only way this stock will rally north of $40.00 is if they crush numbers or announce a buyout. Other than that, I can't see the price going north of $40.00.
it will meet and beat. guidance will also be on the high side. But there still might be a sell the news reaction.