This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: The Meet Group, Inc. (MEET)
Earnings Release Date: 3/07/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
The Meet Group, Inc. (MEET) will be posting its FQ4-17 quarterly earnings results today at close. [MEET] is expected to post earnings of $.11 per share on revenue of $38 Million. In the last quarter, the company reported $.11 earnings per share BEATING the analysts’ consensus estimate of $.11 The stock is currently trading at $2.83 per share
Last 3 Quarters – “Jump Zone” Move: -20.28%, -13.8%, -9.66%
Consensus Estimates: ($.11 whisper) ($.12 estimize) ($ ($.11 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
1 YEAR CHART (For latest news and analysis visit The Insider Mole research tool)
OUR TRADE PLAN: BUY
ANALYSIS: StockJumpers trajectory analysis reveals a beat and positive market sentiment which is a pop up on the stock price. The models show this better than we expected and with last quarters huge drop we are a bit concerned. This is in the penny stock camp so the Jump Zone can be huge. We expect a fair amount of volume here even though the main trade is likely to happen in tomorrows session.
We are LONG for the event. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 15+%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.
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