The pattern of Sigma (Tran) used to be to announce any earnings or revenue miss for the quarter right after the close of the quarter. In the last 2-3 years Sigma has not announced any of those. In general the stock has come down not because of earnings miss but due to reduced forward guidance.

This quarter there was a significant danger of Sigma missing since they had talked about soft market couple of times. However, three days are past since Sigma's quarter closed and there has been no announcement of a miss. That means Sigma must have made their projections of revenue. This is great news for longs. We should see the stock go up now.

Seeker