Buy @ $0.965
Did a Jump-Q at 5pm…
They issued a Profit Guidance last Friday. Profits will be lower than market consensus due to bigger than expected losses in Brazil. If I read correctly, Q2 will still be profitable but the recovery momentum seen in Q1 (EPS = 3.4ct) will most likely be lost and EPS will most likely be lower than even Q412 (EPS = 2.31ct) where I'd expected to have been the bottom… Try for short term play (smal tikam only) as -12.5ct with huge Vol = 14,114,000, sounds bad…only 1s & 4s… Perhaps Traders & Shortists at work… 😀
