Up nicely two consecutive days in a lukewarm market.
What's going on? Related to chris' post below? Early earnings body language from PEGA? Share buy back technicals?
I'd like to see a little more volume on this two day move, but I'll take it!
PEGA EOY earnings are usually toward the end of the earnings release window, so we still have some waiting before the rubber meets the road, unless forthcoming guidance alluded to in the prior conference call comes out prior to that. Will be interesting to see how this stock trades in the next several weeks.
Very good volume today and a very nice price move up. But, again I ask, why? Is the trading video creating this much volume? I don't know. I have not yet seen any news or filing from PEGA.
I just hope we are not driving to $40, on anticipation of earnings being so fantastic that it blows everyone away, because that is a scenario to fail to meet whisper expectations and then being over brought and going down big.
We have seen it both ways with this stock. IF anyone hears anything, please post it. Thanks.