Example of earnings trade:
OPEN had a nice earnings surprise and had months of neglect so it was obvious candidate for earnings breakout. It also had very high short interest .
OPEN: Opentable Inc
14 High Volume Movers
|EPS %||Sales %||Float||p/s|
|BIDU||100||44||40||20||96||no||Beats analyst estimate and guides higher|
At all time high.
Not dented by correction in market
|AMG||146||31||10||41||80||Raises earnings forecast|
Acquires fund of fund manger Pantheon
|NTGR||81||586||36||33||50||some of the last|
weakness is due
to overall market
Otherwise this was
rallying in to earnings
|Beats analyst estimate and guides higher|
|OPEN||149||1500||32||18||93||neglected since IPO||Beats analyst estimate and guides higher|
Number of funds owning stock up to 51 from 36 in 3 quarters
Short interest is 11% of float.
Relatively small float.
This was obvious buy today. I bought this before market open.
This is a good example of what to look
for in a earnings breakout.
|FNSR||56||-31||-1||63||52||Beats analyst estimate|
|ATHX||66||25||-63||18||97||Granted US patent for stem cell therapy|
|ID||52||92||12||82||46||Misses earnings and guides inline|
Exploring strategic options
|NFP||183||6||-7||41||20||Beats analyst estimate|
|RUTH||15||-300||-21||23||9||Completes right offer.|
Sector in top 20
|LIOX||48||1100||-14||53||18||Beats analyst estimate|
|DSCM||188||33||25||96||36||Beats analyst estimate and guides higher|
|MERC||13||14||-12||28||7||Post earnings breakout|