AIT - another smaller cap earnings play
Playing same game as described in earlier AIT idea. Starting to buy in today and will sell tomorrow after earnings. Estimates don't seem out of line with financials. Expecting a 6%-9% bump for the trade. Might even buy back in after September and hold for 6 months.
Note
It should close that gap above and if it does the Aug 1st candle should help price action reach halfway up it to 212-ish.
Two "should's", one "if" and an "ish" there for ya. What could go wrong?
Note
Sold. Very little profit. I'll wait until Sept or so before getting back into this one. Maybe if it closes the 187 gap from mid July.
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