hungry_hippo

QADA Earnings

Short
NASDAQ:QADA   None
Earnings next week, they missed the last 3 quarters, yet it's back up close to $50. Bought some puts today.

Scrolling down from overbought condition.
Comment:
Some really huge buy orders today, maybe they know something we don't. I guess we'll find out next week.
Comment:
I thought it was really strange that the market jacked this stock back up, but the same happened with VMW, GWRE, ADSK, etc. It's just sector fund buying....
Comment:
Added more today, if history repeats itself, I expect some selling before earnings
Comment:
No liquidity when this sells off, went straight into the red even as the market was pumping. Expect more of the same Monday and Tuesday before the earnings come out, because they're expected to post a loss.
Trade closed: stop reached:
Bailed for a loss this morning, earnings weren't good or bad so this will melt up with the market
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