Just want to remind everyone that FIO Reports Earnings tomorrow after the close. (4/24)
Some past earnings data:
In Mar 2012: Reported EPS at 0.06 vs. estimate at 0.02 (surprise of 200%).
In Jun 2012: Reported EPS at 0.09 vs. estimate at 0.04 (surprise of 125%).
In Sep 2012: Reported EPS at 0.14 vs. estimate at 0.07 (surprise of 100%).
In Dec 2012: Reported 0.13 vs. estimate at 0.08 (surprise of 62.5%.
[Average earnings surprise at 121.88%].
QuantitativeExhaustion
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Little retrace during the day, price topped out end of day, and Volume did not dry up at all during the day. That's a good sign and keeps this possible mega squeeze alive. 18 very possible tomorrow, 25+ after earnings if FIO can report anything positive to keep this going.