That is a good question RM. It could be that their results are within the range of expectations, but their outlook will be worse than expected. It also could be that the market is jumping at shadows too obviously, and reading too much into today's ann. But it is very suspicious that they didn't reveal like for like sales or other sales data that they obviously should have at hand. Another risk is a crap raise too, and it is possible they are keeping that data up their sleeves to manage it carefully.
Wish I shorted the open today - lol - although may not have been able to get stock to short as there is a shortage at my prime broker.
MYR Price at posting:
$1.67 Sentiment: None Disclosure: Not Held
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