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maximus_art

03/06/14 10:19 AM

#2626 RE: gchammer1 #2625

This drops to 5 before earnings come out!

I will reposition then.. My 7.18 average too high.. this stock has too much volatility to hold a high average..

I agree with you.. 10 plus after earnings.. But I'm betting on the 10 being the 100% mark for my average rather than just 10 or 20 percent..

TraderGash

03/06/14 10:20 AM

#2627 RE: gchammer1 #2625

You realize that the earnings are for fourth quarter 2013, BEFORE all the changes in state law could affect revenue, and BEFORE any of the recently announced "sales" and BEFORE FSPM would have been able to expand their production facilities.
If you are expecting great news when the financial statements are filed you may be disappointed.
And as I am sure you have read FSPM filings and are aware that revenue for third quarter 2013 was LESS than for third quarter 2012.