I think they will easily beat earnings and there should be a 3 to 5 percent pop, but it is about the the forward looking statements that I would like see the growth. Rebounds are nice and you make money. Case in point the $25 move to near $47 during the past year or so. I think we get to $50 by January but any hint of growth instead of cost cutting and divesting of assets, the stock could go to $55. I have not been happy with the volume so I would like to see a huge volume day to the upside tomorrow. If we get it, things will get better and the sheep on Wall street will then upgrade the stock.
I'm done with predicting how WS handles earnings.. oh good earnings? stock go down.. bad earnings? ok stock goes up. lol. I'm neutral either way.. still trying to put more of a position into this thing so it won't bother me if the stock goes down.
I actually was predicting a .20 beat based on analysis. Based on that analysis, I expected a 3% rise on Aug 1 and a 3 to 5 percent pop on Aug 2 based on AH trading. So far, I was exactly on. 3% during the day and 5% AH. So whether or not you believe I did analysis or not, I nailed it and I got paid nicely for it. Since I own a ton of $44, $45, Calls for Aug and Sept, Jan and a ton of $50 Calls for Jan 2014 and 2015, I guess the proof is in the pocket book and mine just got extremely fatter.