Hit an Miss..Earnings Continue..

Last week, many of the portfolio companies reported earnings..notable winners are ANET and CTL.  Losers include KEM and CORT. KEM and CORT nullified any gains we obtained from other winners last week. We reported that we will watch if the rumor about CORT’s sales is true. It appears that it is not. They had good sales, but, missed on earnings target. That is why they tanked.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s