Comtech Telecommunications Corp. CMTL

Yes, something is cooking as it is picking up 8-10 cents as of late. Let’s all hope.

I just saw a highlight of the earnings call, did they really loose the protest for the GSFR contract? I am trying to Google this thing but not finding much.

Earnings today, previous periods recently have all been marked with impairments, lower revenues, no guidance, so this is where we have to see real change in direction. Let’s go CMTL!

I don’t expect stellar earnings but being on time does it for me to keep holding.

Well, with the contract protest expected to be done/decided between 3/15 and quarterly earnings, taking a short position seems a high risk, mostly that we are trading near 52 week low and with pending news of selling the 911/being fully acquired.

I have mixed feelings about tomorrow. I was really high since the company technically had until Feb 17th to report on Q1 yet they are doing it tomorrow. But then it happens that tomorrow is their annual shareholder meeting. So positive thinkers we are wishing that indeed a deal was finally done and never a better way than to announce on merger Monday to maximize stock trading activity for an entire week. On the other hand, shorts want it they are releasing the bad earnings (we already know they are bad) tomorrow instead of down the road up until Feb 17 th and not have a deal which I don’t even want to think about what it would do to the stock price. Any opinions?

It is going to be a long weekend for many given the expectations.

Yes, right now there must be a lot of short covering taking place. Just too risky to leave an open short position through these weeks. I believe the whole entity will be sold for about $500M divided over 30 million shares that is at $16 per share. Great time to be a long now.

Too risky to short knowing the sale will be announced any minute now

This will go ‘parabolic’ the minute the sale is announced. It is not a matter of if but a matter of when.