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Re: carmine_langone post# 1293

Thursday, 07/19/2012 12:28:26 PM

Thursday, July 19, 2012 12:28:26 PM

Post# of 2620
I think absent any earth shattering news, this will probably trade around these levels or even dip lower leading up to the next earnings call. At which point, enough info will be released to spark interest, drive up the price in anticipation of great earnings and then people will take their gains shortly after the earnings call.

This article makes it sound like analysts are sitting on the sidelines as well until Joez can put up sustainable growth figures and rule out their product is just a fad that may fade away. Joe's Jeans a Penny Ahead - Analyst Blog

I have experienced this same trend in SIRI... everyone buys into the quarter and then sells even though they have great results. I now have a short-term trading position and a long term holding position.

I am considering doing the same with Joez if this trend continues in to Q4.

Just my opinion anyway.