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Re: carusso post# 10895

Wednesday, 03/16/2016 4:18:03 PM

Wednesday, March 16, 2016 4:18:03 PM

Post# of 54521
It was not clever for them to have stated earnings release for 3/16, but release annual on 3/11. According to one site, the next QTR report is due mid May. If that's correct, the recent spike looked like some momo traders getting best price they could before jumping ship (ahem... No criticism intended...). But in the natural order of things, the direction of the companies endeavors being somewhat positive, there will be a tendency to revisit the area of .10-.12., and more concrete news of progress could push us out of the rut shares have been in. I think .15-.27 is not out of the realm of the possible heading into May earnings with any major deal announced.
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