Trupanion, Inc.Long
Trupanion - Possible Upside Break with Earnings
Updated
Company Info:
Trupanion provides monthly subscription based medical insurance plan for cats and dogs.
In the last earnings report, it had the largest EPS upside in the past 5 years.
Earnings is this Thursday after market close.
Technical:
It is trading around this 19.50 to 35 range for the last 9-10 months.
Break above with strong earnings surprise, particularly from the revenue side can propel it past 35. Good pre-market volume would be a nice catalyst too.
Initial target from break would be around 48.
Additional Info:
- Price/Sales is only 1.2 (looks very low in this market)
- Fascinating that around 41% of the float is short and short volume ratio is 0.51.
There is potential for a massive short squeeze.
Trupanion provides monthly subscription based medical insurance plan for cats and dogs.
In the last earnings report, it had the largest EPS upside in the past 5 years.
Earnings is this Thursday after market close.
Technical:
It is trading around this 19.50 to 35 range for the last 9-10 months.
Break above with strong earnings surprise, particularly from the revenue side can propel it past 35. Good pre-market volume would be a nice catalyst too.
Initial target from break would be around 48.
Additional Info:
- Price/Sales is only 1.2 (looks very low in this market)
- Fascinating that around 41% of the float is short and short volume ratio is 0.51.
There is potential for a massive short squeeze.
Note
Thank Lord for not getting in this one.Friday it got hammered because there was an accounting issue. Earnings was not that bad to be honest.
Bears are in control here for now.
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