Replies to post #895 on REX American Resources (REX)

[value1008]

I had the thought last week to play a short swing trade on REX for their Q4 earnings and full year EPS announcement-- which was a phenomenal year, far outpacing GPRE and PEIX on EPS.

But i just came back from an out-of-town family reunion and had little time to monitor stocks and i forgot that REX's earnings were coming up so soon on Mar 25th and had no time to place a trade yesterday.

I almost placed a buy pre-market but there seemed to be almost no pre-mkt response to the news. Pleasantly surprised to see the eventual buying, then it looks like the momo-buyers drove it up to 12% and then crashed it by 5% on red mkt day.


I didn't get the chance to listen to the conf call-- anyone know what kind of guidance CEO Rose gave?