JUMP REPORT
| Avg Daily Volume: 5,312,138 Market Cap: 604.26M Sector: Services Short Interest: 113.48 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .11/share REV: 1,620/M
___________________________________________________________
LAST QTR: EPS: -.21/share ACTUAL: -.32/share (MISS)
____________________________________________________________
NEXT QTR: EPS: 1.49/share REV: 2,710/M
______________________________________________________
FULL YR: EPS: 1.21/share REV: 1,170/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
______________________________________________________
BEAT/MISS RECORD: 35% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -22.0, -39.79, -12.67
EXPECTED JUMP MOVE: 15-20%
Links To Latest News and Headlines
This sort of action was prevalent last August, just before the big techs that drive the Nasdaq Composite topped out.
After being left for dead less than a year ago, GameStop (NYSE: GME) has come roaring back, ending the day up 50% to a new all-time high of $65.01, after trading for roughly $2.50 per share early last year. The recent run-up has all the earmarks of a short squeeze, which accelerated this week when a spat broke out between noted short-seller Citron Research and a group of investors that frequent the r/WallStreetBets subreddit. Members of the forum remained bullish and even encouraged other retail traders to buy GameStop.
(GME) stock rocketed above its 2007 peak Friday in a move that one short selling expert thinks could possibly kill investor interest in shorting the videogame retailer. Pointing to an earlier squeeze where a moderate amount of older short sellers covered their positions as the stock surged in recent weeks, S3 Partners’ Ihor Dusaniwsky told Barron’s he thinks today’s action has piled up mark-to-market losses for even newer short sellers betting on a price decline.
Joining Yahoo Finance’s Zack Guzman and Jared Blikre is Brian Shannon, CMT and founder of www.alphatrends.net, who breaks down the price action and levels of interest for Beyond Meat (BYND), Tesla (TSLA) and GameStop (GME).
The Nasdaq came out of a mixed day with yet another fresh high. More interesting were Friday’s moves by IBM, Intel and GameStop.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.