profprof
Long

GNW - recovering fortune 500 giant, turnaround play of the year

NYSE:GNW   GENWORTH FINL INC
GNW             recovery play, Long at 3.08 as of 6/14/2016, target 6.50 or more by this time next year. GNW             was hit by horrible guidance and earnings the previous year and is just starting to recover since the last earnings early May. It has stopped the bleeding in its LTC             unit and is poised to make a turnaround. Rate hikes should help GNW             as well. 82% of stock float is held by institutions and mutual funds, and multiple firms have been picking up position in the stock the last quarter. The current tradable float is small and will be very volatile on low volume . I'm long Jan 2017- 5 strike calls. Looking for 5 by September
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out