Replies to post #8197 on Savvy Trades and Investments

[hweb2]

Econ Student, re AMOT

The report wasn't that great. Headline earnings number looked good...but only because they paid an unusually low tax rate of 11%. With a more normal rate like in Q3, earnings drop to around .40/share. Revenues, bookings & backlog all dropped sequentially. Comps are going to start getting tougher too.

Was a gift selling opportunity AH yesterday in the $28's. Now in the $25's. Wish I'd shorted a few.