Earnings Monday...
here's a "think big and be extremely positive" post I put on Yahoo board - lots of bashers over there so no real need to put the other side of the coin (a miss and drop) - pretty fair and balanced - he, he. Do I feel this could really happen - yes - if, if, if they hit the grand slam. Chart shows several gaps above current price that stand to be filled on strong performance.
most massive rally ever in terms of % gain due to short covering could occur on BRLC next Monday-Tuesday. Just saying it's possible with the set up that is in place, specifically:
1. Massive short position,
2. Company has potential for blowout earnings from record sales of the hottest product during their biggest quarter (Christmas),
3. Tons of money on the sidelines due to recent, big market sell-off.
What must the company report:
A Grand Slam and possibly the most massive short covering rally ever happens if:
1. Strong earnings
2. Strong revenue growth
3. Sunny outlook
4. SCHOT made significant payments
Bonus points for WalMart and Best-Buy confirmed as retailers, no bad surprises, and a Wild Card is a buy-out offer.
Believe the market downturn has contributed to a huge short position here - with market fighting back and lots of money on the sidelines - repeat - could be the most massive short covering rally in terms of % gain ever...
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