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hweb2

09/12/19 9:26 AM

#64657 RE: researcher59 #64656

Yeah I was surprised by the ramp on MCFT into earnings. We knew the outlook would be cautious given what other companies in the sector have been saying. Yet the stock rebounded nearly 40% off the lows of 2 weeks ago. Traders seemed to be scrambling to jump in before earnings. Stock was even trading higher in the $18.60's AH yest. I was tempted to short a few. But just couldn't do it when they were going to post big Q4/annual EPS.