The company reported earnings in-line with expectations. The average earnings projections remained unchanged. However, the stock has been beat hard. It looks like large traders just wanted to push the price lower. They convinced small investors to sell the stock, thus giving large traders get a chance to grab it at lower prices. The stock price should eventually get back on track. This crude trick will deliver lofty profits to large traders and to anyone who decides to join this play.The most suitable trading vehicle would be a debit May 17/20 call spread. You pay $2.50 and get over a 75% chance of receiving a 20% gain in 5 weeks.
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