(1) ZLTQ (37M float)
This is not a new one. I have entered on the EP day, however stopped out a few days later at around $19, lost 1.5% of total account. But seems it comes back into favor. I thought it is a 100% kind of catalyst (set target to 30), so when up 28% on EP day, I still get in. Curious to see how will it finally be.
In Q2, it swung to a profit of 7 cents a share from a per-share loss of 10 cents last year, topping views for a loss of 13 cents a share. Revenue jumped 79% to $47.1 million, beating analyst views for $34.9 million.
EPS is first positive in years and Rev goes to all time high. One reason it has pull-back, it is 2nd EP from chart. 100% rise may be too optimistic.
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