Medifast (MED) is going to report earnings tomorrow morning prior the market opening. The stock has been dumped by investors recently (maybe they were unloading prior reporting earnings) so I was stopped out. Since the peak on October 21, 2009 the stock lost almost 21%. When looking at the after hours trading, it seems the stock will shoot up tomorrow morning:
I consider this stock as good one and if it happens I am buying back. Let’s wait for tomorrow morning…
I made good money in this stock before it crashed!