JAKK has very decent fundamentals. The whole industry seems to be doing okay, leaving JAKK lagging behind.
If we look at all earnings releases in the past 3 years, they work the same way:
1) if there's a strong prior move up, the stock crashes on earnings release (even if it beats expectations 6-20%)
2) If there's a strong prior move down, the stock rallies on...
JAKK is trying to put in what looks to be a breakout on the weekly chart of a downtrend going back to 2012. This stock is also heavily shorted, in excess of 40% of float (april 15th data). The combination of these two may push JAKK higher over the medium term. Initial target is 8.25 and secondary target is 9.50 level. Currently long and will look to add if...