Trade Plan: SELL (at market close)
Here is what happened:
(click to expand)
Commentary: The majority of analysts views were they would beat, and there was strong confidence in an up move following release…. EXCEPT the StockJumpers trajectory which defies this view. Our Jump Report analysis had them as beating but there was another key metric that would cause market sentiment to be negative. That is same store sales… which was off my 3%. So they beat on EPS, revenue and the forward guide was mostly in-line… but same store sales was very off.. and the stock tanked – as predicted.
Jump Zone Profit: 10.2%