Replies to post #21023 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[foxx001]

GMT shows that beating estimates doesn't help when you lower dividends and give a lousy forecast.

[jenna]

NKTR also got away, this was a "core" play but I couldn't take the downside after gains 14 to over 19 and the 17.70 area was just too much downside to endure even if it was just incremental leftover trade. Once NKTR started to pull back more seriously we called it a "sell" and here was one that did rebound. We are going to have some fall through the cracks but at least we aren't going to be holding POS plays that pull back!