The Company is a supplier of retailer brand beverages. It produces brand carbonated soft drinks, sparkling flavored beverages, juice-based products, bottled water, energy drinks and iced teas.
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A top is near when stocks of dubious quality rise 50% in a day due to the announcement of a stunning loss in their quarterly results.
How do you figure? I'm all-in. :P
I don't get it ="# UPDATE - Cott climbs to first-quarter profitat Reuters(Fri 7:17am) " many saying same thing. Anyways I am outperforming this one as ....no one jumps their shares from average vol of 538thousand to over 10mil with a rise of this kind. Which I believe big investments are going in at this point. Good luck. However I would not go "All in" with any one stock. Look what happened to SQNM a drop on thursday of 250+%...from $12 to $4.!!! Which I am listing as an under perform from here.
You are right lossing the wallmart. Shares will take a hit an other at mercy of wallmart. Dell is on same situation.
I don't believe its gonna hold this high position too long