2 Ideas for the Day
Two Earnings Reports:
DNA
AA
DNA-After the bell today DNA reports, is all the bad news factored in? I give the stock 8% to the upside, and probably 10% to the downside assuming more negatives. Not the best risk reward ratio.
AA-After the bell AA reports, is all the bad news factored in? I think it is in this case so I would give AA 5% to the upside (at the most, more than likely 3%), and 2% to the downside, but a much higher upside probability.
Either way neither one of these seems all that attractive and I wont trade them but if anyone is interested in them those are my thoughts on your risk reward. I will update tomorrow on how they turn out.
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