hungry_hippo

CENT Earnings

Short
hungry_hippo Mis à jour   
NASDAQ:CENT   Central Garden & Pet Company
Anotehr one that likes to melt up then tank on earnings. Chart is pretty obvious.
Commentaire:
Another loss that beat estimates, amazing that a money losing company can go up.
Commentaire:
This is obviously headed for a gap fill and a very obvious short when this pumptardedness goes away. They have declining margins, and missed every estimate last year. The only one they beat was when analysts projected a big loss, lol.

Amazing.
Commentaire:
Looks like we're not done yet on this one...
Trade fermée manuellement:
Made a little money off the $35 puts, but not the $30.

Done watching this PoS, better stuff to play with out there, but at least I made some money off this one.
Commentaire:
I guess it's doing a slow tank. Market reaction to a losing quarter was just stupid. I should have trusted that reality would set in and kept all my puts.

Oh well, at least I made money off this one.
Commentaire:
$30 puts are now in the money, I no longer have a position, and I made money off this yesterday by flipping $35 puts, but I'm glad the idiots who bought in yesterday got burned. Simple Jacks buying into a company with declining margins in a quarter where they lost money.

I hope they enjoyed losing money.
Commentaire:
Busted through support, looks like it's gonna work it's way to $25 like it was supposed to.
Clause de non-responsabilité

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