$bur - from my experience Friday earnings are usually not a good sign (could go either way). This one shouldn’t have the YPF write down… but at least it’s in the morning and you will have the weekend to think about it.
@Shrimp_a_Whales @ENDF2CONSERVNOW I agree with this. Probably LT it clears investors who just bet for YPF. Core business is still good - sux that it’s an L. You have to imagine if was 2-1 other way Argentina would be appealing.
I’m surprised by the narrow ruling on an en banc panel. Intro goes the other way
@BostonTCapital I dk. I think we see the pop but if management doesn’t follow through we can go lower.
Inflation will follow through on this Iran conflict and without something changing (like mgmt engagement) stock can grind lower LT after the pop.
Google trends suggests to me $plce will have flat to slightly positive top line growth a vs significant decline estimate
Think we will have a nice pop - but management will need to re-engage investors for follow up - ignoring shareholders is never a “value” strategy
@SebastianMaril I guess next stop is SCOTUS - but the appeal ruling is very narrow - they conclude there is no contract and thus there cannot be a breach of contract claim.
Plaintiffs have an opportunity to find another cause of action, amend pleadings, and pursue again.