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hweb2

01/23/17 7:04 PM

#30678 RE: nelson1234 #30667

I'm guessing GV will have a good Q4 in March. As they should considering the stock was below $1.50 a year ago. Stock has quintupled since then. I think the main issue facing GV is the tough comps they've got coming up. They'll have some particularly brutal earnings comps in Q1 & Q2 of 2017. I think GV will be an attractive short into the Q1 report if it's still over $5. A big earnings decline in Q1 should be a reality check to the momo traders chasing the stock...guessing it drops back to the $4's. Maybe $3's.

A Yahoo poster raised an interesting point. GV management will recognize a substantial bonus in 2017 due to the company's strong performance in 2016. Will that expense be recognized in Q1 or spread out over the year? If it's all in Q1, that could make the Q1 earnings comp look even worse.