Costco pre market slump is $5.48 now and most of us shorted yesterday before the earnings. According to bloomberg, the earning results should be bad and hence the stock sold down pre marekt.
https://www.bloomberg.com/news/articles/2018-10-04/costco-falls-after-reporting-problem-with-it-systems-in-results
Some already locked in profits while others still swinging. Some did a second short on this stock in lieu of the earnings report. Look at the trade record above, it was another short with 95 shares at 2.08am yesterday morning. Today should be in $550+ USD profits. I will post all the records later when the market opens. Congrats everyone!
Ronald K - A Game Changer
