CMTL Sold ==> 75 consecutive winners for $$$MR. MARKET$$$

[Gatorman]

You must have bought CMTL call options today. They reported record results, the stock gapped up at the open, you bought the calls and *** BOOM *** the stock tanks.

Please warn me in the future!!! I'll never get to Tahiti at this rate.

Buckhunter:
Yep, that was me alright. Will tip you in the future so you can bail after I make one of those ***BOOM*** moves. Want to get you to your private island so you can while away your retirement in a South Sea paradise.

[ricofrans]

CMTL Free Fall

I knew that it's just been downgraded but with a good earning release why it had a free-fall? Any body can give some insights?

[buckhunter]

Not just Gator's fault

I knew that it's just been downgraded but with a good earning release why it had a free-fall? Any body can give some insights?

Besides Gatorman buying call options, CMTL lowered their 1st quarter estimates. Their revenue estimates were about $15M less than the ANAL-ysts had projected. It could be awhile before this one comes back (unless Gator is willing to buy some puts)

[Gatorman]

Besides Gatorman buying call options, CMTL lowered their 1st quarter estimates. Their revenue estimates were about $15M less than the ANAL-ysts had projected. It could be awhile before this one comes back (unless Gator is willing to buy some puts)

Buckhunter:
Glad it wasn't ALL my fault. Have traded in and out of CMTL several times but not when they lowered guidance. Will be interesting to see how it reacts technically. Will keep a close watch on it.

[ricofrans]

Thanks

Besides Gatorman buying call options, CMTL lowered their 1st quarter estimates. Their revenue estimates were about $15M less than the ANAL-ysts had projected. It could be awhile before this one comes back (unless Gator is willing to buy some puts)

Buckhunter - thanks.
I have traded in and out CMTL but this free fall has wiped out all my gain.
I guess it's very volatile period during the earning release/estimate.
I missed HANS - sold just a few hous before its earning release - and look where it is now. Based on that experience, with CMTL, I even added some after I saw it moved up after the earning release but then it just fell off so deep. Both are quite expensive lessons for me.

Thanks anyway.