RE:RE:RE:RE:RE:RE:RE:Return to 19-20$ You are still guessing and hoping and praying that you get the timing right on every buy and sell trade if you want to trade this stock for now based on what it may have done over the last few quarters of years. Sure I agree you could make some money here with that strategy.
BUT- sooner or later those who sell prior to an earnings release thinking the stock will drop back to the $17 or $18 range after some very sub par earnings results and thinking they can buy back in at a cheaper price, may be in for a very unpleasant shock if the earnings are on par with the analysts projections or better than their projections. You may find yourself in a similar predicament as the shorters trying to buy back in after a very good and shotgun move up based on earnings.
Sometimes the cycle is not always a "wash, rinse and repeat". Remember too that history does not always repeat.
With SNC, we have a "bear" that has been hibernating for a few years here waiting to break out to a vicious "bull". You don't want to be in front of its horns.
BEWARE out there!
Ron