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MightyMo
MightyMo vip
P&P Score: 99.87   Points: 395.20   Accuracy: 62.49%   Average Pick Score: 1.26   Annual Return: 13.80% (60.67% since 1/3/08)  

MightyMo's Blog : AZO: Sometimes it just too easy

Date December 8, 2010  Edited: December 8, 2010    Comments Comments (11)    Rate this post Recommend This Post (66)   
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You know the story, a positive earnings report and the stock drops in price.

Yesterday, AZO (AutoZone) reported a postive surprising gain of 20% for the quarter. No negative future guidance.

Naturally the stock drops.

I predicted yesterday on this site that an analyst today or tomorrow will announce an upgrade on AZO. The stock would move up. Sure enough, one analyst did announce an upgrade today and sure enough the stock is already up over 2% on a market downday.

Sometimes, it just too easy.
Tags : AZO  

11 Comment(s):

Author MightyMo     Date December 8, 2010 08:04  Edited: December 8, 2010 by MightyMo Abuse this post Report Abuse
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One thing about MightyMO and INTHEMONEYSTOCKS.

INTHEMONEYSTOCKS will tell you what has happened but MIGHTYMO will tell you what's going to happen.

I agree, INTHEMONEYSTOCKS makes interesting reading.
MIGHTYMO however provides you with a possible money-making opportunity.
Author JoeJustJoe     Date December 8, 2010 08:04  Edited: December 8, 2010 by MightyMo Abuse this post Report Abuse
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Author MightyMo     Date December 8, 2010 08:12  Edited: December 8, 2010 by MightyMo Abuse this post Report Abuse
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Joe, don't make things up, lies get deleted. I told you yesterday I would sell half of my position on AZO pending an UPGRADE from an analyst today or tomorrow and the stocks moves up higher.
Author JoeJustJoe     Date December 8, 2010 08:22  Edited: December 8, 2010 by MightyMo Abuse this post Report Abuse
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Ahhh, so you sold yer AZO. Why not make that info-may-shun purrfecktly clear? >>> "AZO rallying thru 270 on errrnuns news. I will use this opportunity to eliminate haffa my holdings" :-) ! ...NOBUDY is as GOOG as me...as I'm sho you are "finally" beginning to see :-) 3J
Author MightyMo     Date December 8, 2010 10:23 Abuse this post Report Abuse
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For the record in case one did read it. There is what was said:

" MightyMo December 7, 2010 17:35


AZO in my opinion is in a zone. I predict an analyst or two in the next day or two will submit an UPGRADE on AZO which will drive the stock up 6-8 points. I'll be ready to sell a little then.
"
Author JoeJustJoe     Date December 8, 2010 10:36 Abuse this post Report Abuse
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Well, ifn da VIX takes out this numba right cheeeya >>> 17.13 ...yu'll be sorry ya didn sell whenst you wuz WOOHOOin. Nuff sed fer now. Let's "enjoy" the festivities...shall we? :-) 3J
Author JoeJustJoe     Date December 8, 2010 11:02 Abuse this post Report Abuse
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BTW, chances are bettter than GOOG that I am gonna totally deeeeeestroy the Evil Empire of GS starting taday. You "should" see it on me open list at the close *-) 3J
Author MightyMo     Date December 8, 2010 18:25 Abuse this post Report Abuse
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Joe

Uh, hmmm, sorry, not today on GS. GS up 5 points today.
Author JoeJustJoe     Date December 9, 2010 06:16  Edited: January 6, 2011 by MightyMo Abuse this post Report Abuse
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Author JoeJustJoe     Date January 4, 2011 12:40  Edited: January 5, 2011 by MightyMo Abuse this post Report Abuse
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Author JoeJustJoe     Date January 6, 2011 10:14  Edited: January 6, 2011 by MightyMo Abuse this post Report Abuse
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