Miles J. Stoner, @StockHollywood

Dallas, Texas


March 21 - Wed. "Every Which Way but Loose"

JBL - revenue was 4.2 v. 4.09 so a slight beat and eps was .46 v. .58 so a decent miss dropping the stock after hours. Forecasting revenue of $4.2 bln to $4.4 bln and EPS of $0.49 to $0.59. The Q3 analyst consensus stands at EPS of $0.65 and revenue of $4.35 bln.

26 is going to be the area of interest, sellers where active above that mark, I'd look for the short above and ride it lower till it flattens out. This maybe a play short out of the gate or early in pre market.