I will say that bad news has been priced in for some time. However, based on Tom's advice there is already a major turnaround in the stock. Today's earnings of .27 before special charges is ahead of the .25 expectation. The street loves it as it is currently trading after hours at 18.35-18.65 up over a 1.40 or almost ten percent from near closing price at 4:00 PM eastern. After a long look at their financials I believe that Tom was 100% correct on the long term of this stock around the $30 range within the next 24 months.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Ma