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New Event Signal: CMG

Oct. 20, 2014 2:56 PM ETCMG
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CMG about to report earnings and our research into earnings estimates upward revisions and sales in current stores points to a substantial increase of near 40%. CMG will likely move considerably higher in the next month. Also, CMG options nov 7 '14 buy 560 call & sell 562.5 call for net ~1.2 If stock goes down to 545 or at end of day buy nov 7 '14 532.5 put & sell 530 put for net ~.9 or best price obtainable.

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Michael Bassali

Analyst's Disclosure: The author is long CMG.

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