Replies to post #26517 on Savvy Trades and Investments

[RNsidersbuying]

CYBE 25.65 - join you short and agree with your outlook. They also use that word "profitability" twice.

CyberOptics has been posting the positive results that we intended at the outset of our strategic repositioning in the 3D arena, and we are confident of reporting profitability and strong year-over-year sales growth in the third quarter.

For the quarter ending September 30, we are forecasting sales of $13 to $15 million, which represents another period of profitability and robust year-over-year sales growth. We also are forecasting strongly improved year-over-year sales and earnings for the fourth quarter.”

[Swick984]

Great call on STS. I covered most of my position in the 15's and have moved that into increasing my short position at CYBE. Should be easy money heading into earnings. The stock hit $15.50 last earnings, and revenues were $18.5 million. They were breakeven at $11.4 million of revenue, my guess is that they're somewhere near $0.05 to $0.10 at $13-$15 million of revenue... That will be down from the $0.29 headline number last quarter. I don't know how this keeps going up in the face of those upcoming results.