Might as well have a thread speculating about the June 20th announcement and the impact on the stock.
For investors it's interesting as June options expire later that week so there's a catalyst. Depending on your point of view the stock is in buy mode right now - or potentially in a bearish trend slowly descending after a significant crash on Wednesday. However, keep in mind this stock shot to $97 and fell back to $85 just recently. It has demonstrated this pattern a few times recently - not that past trends have any meaningful impact on the future.
So, there's certainly some interesting plays here. The news is pretty far off so I suspect a lot of people are in a wait and see mode.
For investors it's interesting as June options expire later that week so there's a catalyst. Depending on your point of view the stock is in buy mode right now - or potentially in a bearish trend slowly descending after a significant crash on Wednesday. However, keep in mind this stock shot to $97 and fell back to $85 just recently. It has demonstrated this pattern a few times recently - not that past trends have any meaningful impact on the future.
So, there's certainly some interesting plays here. The news is pretty far off so I suspect a lot of people are in a wait and see mode.