Tuesday, April 7, 2015
New Short Pick At An All Time High (A.Schulman)
Equities Research issues a Strong Sell on A.Shulman (NASDAQ: SHLM) @ $48.40 this morning after the company reported 2nd quarter FY2015 last night after the close.
A. Shulman reported a loss for Q2 ending February 28,2015, it was the first loss in a 2Q since 2010. Revenue for the quarter declined by $46 million (-8%) vs Q2 2014.
For the six month period the company's net income fell 44% from $22.2 million to $12.8 million.
To learn more contact Tom Renna 908-477-4796
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