I think you are right that the only way they would release a downgrade now is if the quarter was a disaster and it would be completely apparent from the quarterly that they will miss. Otherwise, you would think they would keep quiet on guidance in the hope they can pick it up in the next few quarters.
Previous statements from management indicated the quarter had started strong so I’m hopeful that it will be an upgrade and they are releasing to head off the board coup.
If I was to place a bet I would easily put my money on an upgrade. However, this being YOW it is always best to be prepared for the worst.
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