DFS Earnings

[Supreona]

What does everybody think??

Does DFS miss meet or beat on earnings.

[numbers]

It's hard to be optimistic about this one.

[aiki14]

It's hard to be optimistic about this one.

Indeed, does anybody actually use this card? The only upside catalyst would be if they get the $6B in the mastercard/visa lawsuit, and that isn't looking too good.

[wallstreetsedge]

imo they miss by 2¢ and report.. 34¢

stock comes down to $12.50

[Supreona]

You guys don't think we'll get surprised on this one? They beat the last three times...but of course u guys have been around a lot longer than I have. Guess we'll see.

[Supreona]

But of course if I had to play it. I would go short.

[aiki14]

Looks like a significant beat, $.48 vs est's of .38, up slightly in pre market, still looking at the whole report. Loss provisions may hold back the run somewhat, but I believe we'll see a pretty big rise in the price today.

[wallstreetsedge]

wow what a shocker... i guess no one else would accept credit card apps besides discover and diners club ;)

[Supreona]

Of course I would have shorted it, if I had to play it, but I did think there was a slight chance of them beating. Now 4 quarters in a row.

[aiki14]

wow what a shocker... i guess no one else would accept credit card apps besides discover and diners club ;)

Another surprise, it's down now pre open. This is gonna be a day to keep ones wits about oneself.