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re: RKT earnings tommorow

Posted on 11/10/20 at 4:17 pm to
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30542 posts
Posted on 11/10/20 at 4:17 pm to
Never fails. Crushed earnings and the stock is down
Posted by whitefoot
Franklin, TN
Member since Aug 2006
11181 posts
Posted on 11/10/20 at 4:39 pm to
quote:

Crushed

This is a bit strong. They came in solidly between mid and high estimates. The market reaction seems fair to me. The stock should move up with the forthcoming buyback.
Posted by 1234567k
Baton rouge
Member since Nov 2015
2067 posts
Posted on 11/10/20 at 7:14 pm to
i give it two days before it moves up strong
Posted by Pendulum
Member since Jan 2009
7045 posts
Posted on 11/10/20 at 8:11 pm to
Yea im fine sitting on this one. I just can't imagine theres much downside. Trying to work out what upside there is.
This post was edited on 11/10/20 at 8:12 pm
Posted by TigerDeBaiter
Member since Dec 2010
10258 posts
Posted on 11/10/20 at 8:13 pm to
Agreed. I’ll hold on for a bit. Still considered in the tech realm, so not going to get any love right now.
Posted by thelawnwranglers
Member since Sep 2007
38767 posts
Posted on 11/10/20 at 9:27 pm to
Regarding the buyback

Seems like a good thing? I guess if stock food they start buying it up

Downside risk seems low

Best estimates but more importantly they are making a lot of money
Posted by Allthatfades
Mississippi
Member since Aug 2014
6693 posts
Posted on 11/12/20 at 6:50 am to
This is a stock where you don’t have to worry about losing your money but you also aren’t going to double your money in a few months time. Still in 2-3 years, I think it’s a stock you’ll be glad you got in on at this price.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70973 posts
Posted on 11/12/20 at 6:52 am to
quote:

Accidental down vote


F5 and upvote.
Posted by Allthatfades
Mississippi
Member since Aug 2014
6693 posts
Posted on 11/12/20 at 8:42 am to
It’s just itching to breakout
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