Conference call was filled with uncertaintity and 'I cant answer that'. I had no doubt they would come in a bit above expectation but I thought it would be by a much wider margin which it wasnt, and thats why I was surprised to see it trade as high as $25 after hours. Thats when I thought perhaps the forward guidance would be fantastic but that too was a disappointment.
Stock is going to become a teenager. and more so now because it failed to hold after hours gains.Ironic how the pop after hours probably did the damage I was looking for to bring this down below that 21.50 resistance. There are nothing but longs in the stock now and the short position has steadily declined over the last few months which kills that support. Why on earth would I pay $23-24 for this stock?
Sorry.. im rambling. I just hate watching these after hour games. Now there are alot of folks who got burnt over 24 and they are all trying to convince each other on Yahoo thread that the conference call was fabulous.
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