Thursday, May 27, 2010

American Eagle Outfitters (AEO)

Opened August 12.50 Calls today.  AEO is near its 52-week low and was overly done on expectations by the analyst.  Stock was trading over 19 before earnings and barely missed on certain numbers and analyst revised next quarters earnings.  This brought AEO down below 13 where it doens't deserve to be. 

Just check out what people are wearing today...

Happy Trading...

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