This week, Stephens & Co (famous for Hillary Clinton's wildly-profitable cattle futures trade back in the 80s) initiated coverage on EZPW with a Sell and an $8 price target. Stock dropped nearly 10% on the day of the report and can't get off the floor.
Upcoming earnings report seems critical to the stock's performance as it needs to start translating strong store-level performance into meaningful earnings and cash flow.
For now, I am long 9and nearing the LT Capital gain date for my position) and getting antsy.
For now, lots of support all through the $9.00-$9.50 range.
Upcoming earnings report seems critical to the stock's performance as it needs to start translating strong store-level performance into meaningful earnings and cash flow.
For now, I am long 9and nearing the LT Capital gain date for my position) and getting antsy.
For now, lots of support all through the $9.00-$9.50 range.