4 useless press releases today...this stock is truly a trader's dream.
I spoke to a VERY HIGH official at CUBE today whose last name rhymes with Kirk.
Nothing explicit was told to me, however, being the excellent judge of character that I am, it's very apparent that earnings are going to be dissappointing. You could tell in his voice that the company is in trouble, "The lack of titles is hurting us."
It looks like this company is not going to make the quarter.
CD loader problems, ESST killing them last quarter, and tremendous competition in the DVD market is making what once looked like a promising future, into a nightmare of competition.
Obviously the "spin" will be put on the earning's release. However, I would have to say the fat lady is in the dressing room, getting ready to come on stage, and she's about to do her solo.
The company is leading investors like the apple led Eve.
Why is the stock rising you ask? It's obvious. Some shorts are covering and some RETARDED retail brokers are buying.
SMART MONEY ISN'T TOUCHING C-CUBE UNTIL THE END OF THE SUMMER.
In other words, if you guys can risk the premiums on the options, you're welcome to, I've made enough money trading it back and forth.
I do wish you well and remind you that I don't do my research for you. I do it for myself. I like to see myself make the right calls. It's an ego problem.
However, use me like a cheap whore. The information is free and factual. Do what you want with it.
GC
P.S. For those of you who will counter what I say. I talked to the fucking CFO, what more do you want? Geez. |
