Shorting KCP?

Discussion in 'Stocks' started by einai, Nov 3, 2009.

  1. einai

    einai

    KCP announces after the close. I shorted the stock for Q2 earnings last year and was well rewarded. When the numbers were bad, the stock totally collapsed.

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=126548

    Forecasts are for -.01, i.e. this is the quarter that should bring them back into profitability.

    Anyway, potential for some good downside here, and worth watching.
     
  2. einai

    einai

    RL just beat by .44

    KCP may rally on the day, and this may indicate that they will do OK
     
  3. einai

    einai

  4. einai

    einai

    Beat on earnings (nominally), but guidance is well below estimates.

    Have to see what emerges on the call...
     
  5. einai

    einai

    8.80 premarket

    have to see how this develops

    the 30% miss on revenue guidance may be enough to sink her
     
  6. ymiyake

    ymiyake

    Sees Q4 revenue $107M-$112M vs. consensus of $118.47M


    then falls, and now its at 10! jeez