So, looks like a good call avoiding jumping in on SODA. It is down 20% today after reporting its third-quarter net income and revenue increased 52%. Shares slid as margins edged down to 56.3% from 56.9% and in the wake of a huge run-up following its initial public offering, which priced at $20 a share. SODA has been in an overbought condition since the run up began...
Happy Trading...
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