It’s JT signaling us longs about something. Profitability maybe? However, a lot of RSU’s hit during the quarter. Guess it’s just one more thing we will have to wait to find the answer.
The biggest catalyst and news to come from earnings on 11/5 is that the company will have the briefing docs in their possession at that time. Their mood on the call will tell everything. Will the company disclose if they are “surprised” about something? Will they disclose if everything looks “expected?”
I think they could have EASILY moved up earnings strategically before they “officially” were in possession of the briefing docs, if perhaps they were indeed “hiding” something or fearing something in the briefing docs. Much easier to tell analysts and stakeholders “we are not in possession of briefing docs yet” then go through what they are about to go through on 11/5. Very interesting....
I personally think the fact that earnings is 9 days before Adcom and they will know what is in the briefing docs at the time is bullish for the company. It is a “tell” that they do not believe they are going to see something from the docs they are not expecting...
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