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Re: MarketGeometry post# 4324

Wednesday, 11/05/2008 12:11:25 AM

Wednesday, November 05, 2008 12:11:25 AM

Post# of 23113
thanks pipul. doesn't NOBL have a cash flow issue?

This is what I got from another msg board on NOBL:
lots of speculations that this pops for a double after earningsntomorrow night (as it did last earnings - from $3.19 pre-earning ton$6.34 on earnings). There is a 16.3m litigation award that will pad the numbers and likely create a buying spree for the headline readers. Should see at least 0.50 eps where they are estimated at a 2c loss.

It's smaller float, so look more for a pop/drop scenario and exit on earnings day (it opened $3.72 last earnings, so did a gap n run first). As always with earnings play, they are not without risk.


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