Good Luck, Tucows Bulls

 May 11, 2019 - 2:04 AM EDT
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Good Luck, Tucows Bulls

Last month, in our earnings newsletter, I covered Tucows (TCX) when it was trading at $89 per share. The stock is down 25% after earnings. Luckily, we went with a short trade for earnings, which clearly paid off for those who entered:

I like to follow up on these trades because we typically see two time-sensitive prediction factors after earnings: a post-earnings gap and management sentiment change. While the gap in the chart is clearly a breakaway gap and thus not much interest for us gap traders, the change in sentiment could

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Source: SeekingAlpha (May 11, 2019 - 2:04 AM EDT)

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