It always amazes me how the option writers nail it 80% of the time. Not a bad report. Its not going away this quarter at least. http://archive.fast-edgar.com//20171121/AEUZK22CP222L232222N2CZ2QNOAZ2225492/
$3.10-$3.40EPS is realistically, a $30-$40 stock, at minimum, unless you're NVDA and you pop a GME on $1.33EPS for the quarter.lol It looks like they'll be killing, the options tomorrow, as it's far below what I typed earlier. I still don't know how it won't be squeezed! AAOI was similar, a few weeks ago, punished, had earnings which popped it to $46, completely sold off only to be at $45/$46 in the day or two afterwards. AAOI had a huge short interest as well.
Was talking to a buddy of mine about the state of video games now a days. Looks like it might get ugly as studios push for ever expanding money squeeze strategies from consumers. Profitable now sure, but I doubt it's sustainable in the long run. I wonder how 5-10 yrs from now will look like... Same as tv?