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Non-Tech : Bill Wexler's Trading Cabana

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To: RockyBalboa who wrote (5543)5/29/2009 12:01:07 PM
From: RockyBalboa  Read Replies (1) of 6370
 
Looking at high-flying JCG to short, here; but could go to 27 as well, in the very short term.

Stock up on good earnings and revised outlook:
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BRIEF-J Crew reports Q1 results
May 28 (Reuters) - J Crew Group Inc : * Announces first quarter fiscal 2009 results * Sees Q2 2009 earnings per share $0.08 to $0.12 * Q1 earnings per share $0.32 * Q1 revenue rose 2 percent to $345.8 million * Reuters Estimates Q1 earnings per share view $0.11, revenue view $322.79 million * Reuters Estimates Q2 earnings per share view $-0.03, revenue view $326.19
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