shorted it at $7.82. if u followed it then u would know it went up strongish, dropped to about $7.70 then slowly pushed up. on the slowly pushed up it shook me out at $7.96. i was also in MOS at 42.99 (short) so after that i did not really follow it. i think it then slowly headed down to $7.55 so i had a loser. but banked $2 on MOS, a bit easier to read, but that also went down bib, swung up and went back down. the price movement in the after hours is sick. i was watching rimm the other day. i could have gotten in at $49.90. easily at $55 and real easy at $58, but did not pull the trigger on any of them. it ended at $60. i am looking at dollar stores tomorrow morning. i read the press releases. this is actually set up for a big down day, but it might be like AZO and jump. the numbers should not beat, but they will probably meet the street.
see... i was right, they missed on revs. but beat eps and guided higher so stock up a bit. all they needed was a mediocre guidance and boom $3 loss. wait, this one will go down, like WMT. anyway, tradinman - there is an interesting thing i discovered. the retail stocks report sales monthly (at least most of them) so if you go to their websites and look under investor relations you will see press releases that they issue giving us, the shareholders, that information. in the case of fdr, the numbers were already given on MAR 4th and it was clear, that unless they revised the number, "up", that they were not gonna beat the analysts estimates. does that help?
this is what i dont understand SHLD (sears) had a great, better than expected Q! earnings, and the stock gapped up now look at CRM they doubled their Q1 profit and the thing gaps down... why? whats the logic? cm