To: REALYECAT who wrote (10349 ) 3/15/1998 2:59:00 AM From: WTMHouston Read Replies (2) | Respond to of 13456
<<Are you still sure JBIL will beat estimates?>> Sure, as in absolutely certain, no....very comfortable with the odds, yes. I personally think JBIL is a good bet and I have a lot of real money riding on it. If I'm wrong, I'm going to lose a lot of money, if I'm right I will make a lot. Take a look at the last 100 or so posts on the JBIl thread...there is a lot of good discussion about it. Last quarter before earnings, I shorted it in the contest and lost my *ss, but shorted it after the gap up and made some real money. Timing is everything on this stock: volatility is its first, middle, and last name....heck, last week it swung between 42 1/2 and 37 and change and if you add in the week before, the spread widens to 37 to 48. In the last quarter it has swung from low 30's to 58...my timing for entry for this earnings cycle was a bit early, although I have averaged down to about 41 1/2. Here is my current analysis of the earnings situation:Message 3680273 Here is some other info, although I don't know the guy that posted it and he just started posting, but he seems to know something about what he is talking about....Message 3713612 My one and only concern is the SLR and SCI downgrades in the past 7-10 days, although one of them also had an upgrade. Could this be a warning sign for the group, yes...could it be the smaller companies taking some market share and growth from the bigger companies, yes. Although it is certainly something to consider, I am more swayed by JBIL's own continued bullish reports. If earnings beat estimates, it could easily and quickly head to the high 40's (or more), which would make me very happy...If they miss estimates, it could see the low 30's very quickly... As always, do your own DD....good luck if you decide to play it. Troy PS - didn't intend this to be this long when I started it....now it is time to hit the sack....