Tomorrow BBSI will sell off and, from all appearances in the AH trading, will get a 15% to 20% haircut. Selling into this carnage is foolish. The loss is a given and the next quarter is a wash. Ask yourself this: if you were on the sidelines and BBSI was down 15 to 20% would you buy it? I would.
Unfortunately, I am a bagholder just as you are and the haircut tommorow is already baked into the cake. The only thing worse would be to sell and compound your misfortune. My advice: fugggedaboudit, hold onto your position and ignore the stock for the rest of the year. It will slowly work its way back after the upcoming quarter is digested and becomes history.
take a deep breath here: gross revs up 41% for the year. w/c claim only up 15%. earnings up 53%. 1 qt. of '06 forecast is great. gross revs up 48%. earnings up 39%. co. smallest earning qt. due to payroll taxes. last year post split was .07. 10-12 cents looks excellent. stay long and patient.
I just looked at the estimate under YAHOO and they had .16 I was so preoccupied with this quarter that I failed to factor in next quarter. Two trades were at 23 at 18:09 both trades were 415 shares. (830)
Well....something not right...i took earnings as being 1 cent above and stronger rev..but right now its down 3 buks in after market..not good..not good at all..this could sell of huge tomorrow..i must be missing something.
<<<<Its down three bucks in after hours,,,,not good,,,,...must be missing something.>>>>>
I don't know if you have a different screen but I have last trade at 17.19 (5.19 PM) at 26.75 with 2,300 shares traded. I don't think there will be a selloff on these numbers. But obviously tomorrow's CC will have to be considered. Where did you get down 3 bucks?