2 So it obviously seems that, based on after-hours moves, my shorts in ZNGA and CMG are not going to work. The thing is, they are in the middle of their calls currently. Just go look at ZNGA’s presentation slides, they are garbage (here). The only other thing I can say is that the smart money won’t really get involved until tomorrow morning after the open. I’ll post the calls here when they are over. I may be wrong though, look at AMZN and AAPL, but we shall see.
2 Responses to “The Aftermath”
JTU
I see you’re holding onto ELLI. Any thoughts on why this stock is down 32% YTD? I’m holding it as well but I’m getting close to cutting my losses!
Rhino
I don’t have a good answer for that, but my thesis is that they absolutely crush earnings.