Kraft Heinz Company (KHC)

[FUNMAN]

You HAVE to be correct about the shorts. The ER wasn't good enough to push the PPS up $3 all on it's own.

I do suspect there are quite a few short positions being lightened up in lieu of the latest earnings report!

I still think the PPS will be about $30 by next week and hang around there for a while.

Unreasonable euphoria is what pushed it into the $90's a year ago, and look where that got longs.

So if the same happens now pushing the PPS into the mid 30's, I think I'll bank some profits and keep my core position.

Just thinking with my fingers