WCRX: might be worth a try

February 16, 2011


WCRX had a breakout post earnings yesterday. It has good earnings. Might make it to 30 in next couple of months.

5 comments :

  1. hi,
    do you buy after the breakout? where would you buy it and how do you determine your target? thanks, hector

    ReplyDelete
  2. I buy on b/o. The target is 20% profit.

    ReplyDelete
  3. Excuse me if I'm missing something, but are you sure WCRX has posted earnings already. I've seen other calendars saying earnings to be announced on 2/25/11 or 2/28/11.

    ReplyDelete
  4. Not posted earnings. But guided in line.
    Warner Chilcott announces 2011 financial guidance in-line with consensus (23.73 )
    Co sees FY11 EPS to be in the range of $3.45-3.55 vs consensus of $3.50; revenues for 2011 are expected to be in the range of $2.7-2.8 bln vs consensus of $2.77 bln.

    ReplyDelete
  5. Thanks, got it. I take it you meant the stock behaved like a positive post earnings b/o after company comments "in line" with estimates.

    ReplyDelete

Copyright © Stockbee