Replies to post #21058 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

ERES +5.5% another earnings play with emphasis on recovery.



ERES reports tonight UPDATE- 2:00 p.m

The february 35 calls moved up nicely today If you play with the February 32.50 puts (spread is much easily with only a $0.10 to $0.20 differential) as I said yesterday could be a big mover in one direction.

ERES has one of those consolidation chart formations that looks about to explode, which way... we don't know!! Conceivably has room to hit 40 but also 30 (those are plays we like).