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joenatural

10/26/10 6:58 PM

#55915 RE: derek2000 #55914

Well short-sellers piled on NFLX and they've taken the beating of their lives. The stock was up another $10.00 today.
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value1008

10/26/10 7:03 PM

#55916 RE: derek2000 #55914

CCME--I think some shorts might have seen that flawed table on earnings and f.d. shares presented by Global Hunter in their research note, which fails to include extra airport bus revenues and also erroneously, according to Fernando, et al., begins to count the 7M earn-out shares by Q4 2010 instead of Q3 2011, leading to much lower EPS projections for Q4 and Q1-Q2 2011.

If CCME brings in EPS of around 80 cents or higher for Q3 and guidance indicating higher EPS than that for Q4, any intelligent shorts still betting against CCME will panic and flee.