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S.Hinkie
30 août 2018 00:55

CONN Breakout and Digestion with Earnings Catalyst next week Long

Conn's, Inc.NASDAQ

Description

Broke out on solid volume yesterday - still has 18% short interest, showing high YOY earnings growth, and sales inflecting positive this quarter. Digested the breakout yesterday despite a sale of 2500 calls to open (250,000 shares) and closed strong. Expect continued short covering before the report, and a positive earnings catalyst will drive this to $%)
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