Mar. 17 at 1:12 PM
I reduced my options exposure here and ate a bad loss on some July calls, which is on me obviously. All of my calls are January and assuming any issues are re: previous revenue recognition I feel good about them rebounding by January (my calls are not aggressive strike prices,
$7S and 10s). But I am going to be examining this very very closely.
I need full clarify on revenue recognition, forward guidance and deals.
If they put up +
$400M as previously stated, I’ll shut up.
$OSS: 13%
I believe I originally recommended this around
$8 in Jan. We just closed over
$10
I’ve added here into strength as this chart is flipping bullish as earnings approaches.
This is going to be a very interesting report as we finally get to see the business metrics of the pure play USA defense company without the Bressner business they sold.
I have a feeling the street is going to be very excited about this once the smoke clears reminds me of
$OUST recent earnings.
Next post….
