Submitted By Optiondragon
The Genius Of Picasso
Earnings has been in full force for the past couple weeks and the big names have mostly reported but I pride myself on finding relative unknown earnings plays in the second half of earnings season…well I’m about to let the cat outta the bag on three right now. ALXN, HGR, GTI are all due to report earnigs before Tuesday open. I expect them to beat and do expect them to raise. No I did not shake the magic 8ball in order to come up with my findings. Homework. Nothing beats it. I love investigative work and as a kid read every Encyclopedia Brown book in existence. LOL. I too love sitting in my comfy basketball shorts with a baby barfed on t-shirt before transversing the world of finance. I like ALXN (I already have a strangle there overweight the calls) and HGR but might pass on GTI.
I love the float and the short interest and the history of the earnings beats on all three as well as historical technical gap histories.
ALXN float: 37 million, short ratio: 10.7, 7 million shares short
HGR float: 22 million, short ratio 1.2, 367K shares short
GTI float: 101 million , short ratio 4.6, 7.15 million short
Earnings of note coming up this week are: (alot of big coal names and big energy names reporting this week), these are just some names to watch for but the list is much longer. Energy will be the focus this week for earnings. Recently it seems some of the higher probability trades occured playing after the earnings news.
MON: SOHU (hawk), MTW, STR (insight to shale reactions), VZ
Tues: MOS, EOG, CLR, NOV, ACR, UA, ANR (important)
WeD: MT, CMI, NBL, OII, GRMN, V, OC, ITRI, SWN, PRU, SPW
Thurs: MEE, GDP, APA,MRO, MA, ABX, ZEUS, ITG
FRI: CVX, PPL, NYX
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