With the HUGE short interest in this stock all of you know that it has been severely beaten down. This stock, along with any other with a huge short interest has FREE and FAST money to be made just before earnings! You usually wanna load up at least 3 days to one week before the actual earnings come out, in this case Thurs. morning. Sell this baby on Wed. and enjoy a very nice gain due to short covering! We all know the report will suck as has most casinos' earnings. Most shorts still cover into earnings just so there is no chance of any kind of surprise. This stock is a daytrader's DREAM! ENJOY!!! :money8::toast:
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Fast and Free Money on an Earnings Play (TRMP)
- Thread starter SpreadDestroyerr
- Start date
Definately worth a shot! If you'll notice, it is always way up in the mornings, then tails off. I will sell this thing on Wed. morning. MoneyGram (MGI) also reports on Thurs. and is a nice short squeeze play into earnings as well. I will be selling both on Wed.
TRMP up 4.81% today
(Still haven't seen the heavy volume due to short covering, may get it tomorrow. Shorts came out and covered on MGM today AFTER earnings were announced this a.m. as they also did after reports from LVS and WYNN last week, very interesting.)
MGI up 13.53% today
(Still haven't seen the heavy volume due to short covering, may get it tomorrow. Shorts came out and covered on MGM today AFTER earnings were announced this a.m. as they also did after reports from LVS and WYNN last week, very interesting.)
MGI up 13.53% today
