InvestorsHub Logo

hweb2

05/09/17 12:49 PM

#35052 RE: jasonak #35050

AVNW has an incredible amount of momentum right now. It's getting pumped as another STRP (even tho it's not) in a frothy market that keeps hitting record highs. You're not going to time it perfectly on the short side. I'm guessing the stock is up again tomorrow. But if that momentum goes the other way after earnings Wed afternoon, you won't be able to short over $20.

I could be way wrong. Maybe they crush it on earnings (despite already saying it would be a breakeven quarter and not preannouncing) and the stock zooms to $30.