Their loss of ~16 cent/share is a miss off of Credit Suisses estimates. Nobody but me seems to have noticed the accidental premature earnings release. Go short beofre the ER after hours. See my post on the TWO board.
To clarify, SBY's previous owner TWO released their 2012 10K today and mistakenly detrails SBY's earnings under discontinued operations. They should not have done that during the quiet period befrore SBY's ER after hours today. Whoops. Trade this info before the street notices.