Savvy Trades and Investments

[RNsidersbuying]

HAYN 34.68 - tripled puts in this pig. Q1 filed on 2/2 last year and should be ugly. Can anyone here make a bull-case for this one as the herd just keeps pushing it up for some reason?

Lost (.30) in Q4 and (.83) for the year. With this guidance from the CC:

Nov. 17, 2017 3:41 PM ET -

Our first quarter results are typically impacted by holidays, planned maintenance outages and customers delaying shipments beyond calendar year-end. These issues, combined with the lack of visibility on transactional business, make near-term guidance difficult. Our view at this time is that revenue and earnings in the first quarter of fiscal 2018 will be lower than the fourth quarter of fiscal 2017.

https://seekingalpha.com/article/4126106-haynes-internationals-hayn-ceo-mark-comerford-q4-2017-results-earnings-call-transcript?page=6

And this 'short' case detailed review:

https://seekingalpha.com/article/4124235-haynes-international-tough-end-markets-point-downside-ahead