Coda Octopus Group Inc (CODA)

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Recover quickly? Stock only down a smidge after a massive move in recent weeks. Up over 100% since early April...on hardly any news! The momo traders chasing up here have given you guys an incredible gift. Not sure how you can resist taking advantage. Especially with the broader markets looking like they could fall off a cliff. CODA has more than tripled just in 2019. That's not enough? Several years worth of gains in a matter of weeks. Ever hear of pigs getting slaughtered. If you like the company, cool. But why not buy back after it drops sharply. Why would you ride it down 30%+?

Earnings are not due any day, they're next month (pretty sure I told you this before). Main positive is CODA has one last easy comp. Should be a decent report. Seasonally weaker quarter so I'm guessing earnings of .05-.10/share. I think revenues will be down a bit sequentially based on the commentary, plus they said R&D expenses would jump this quarter, and you might have some extra expenses in Orlando. I don't know who would dare hold into earnings over $12. There's so much good news priced in. Then CODA will face tough comps after that. When they start reporting flat to down revenues & earnings, you'll see this back in the single digits.