MongoDB Falls Despite Earnings Beat!

Exiting The Trade Before The Earnings Call Pays Off!

Mongodb Inc. (NASDAQ:MDB) Options Calls

Provides 550% Profit Before The Earnings Call!

Another Case Of Getting Out Whilst The Going Is Good!

by Ian Harvey

December 14, 2017

GETTING OUT WHILST THE GOING IS GOOD!

GREED CAN BE THE UNDOING OF A GOOD PROFIT!

Mongodb Inc. (NASDAQ:MDB)

Here is an update of Mongodb Inc. winning options call trade before reporting earnings. This options trade was recommended, as a consideration, on Monday, December 11, 2017 --  in the article “Earnings Predictions for the Week Beginning December 11, 2017”-- producing excellent potential profits of 550% within 24 hours of executing the trade!

YOU NEED TO BE IN TO PROFIT!

The Recommendation……

…….from “Earnings Predictions for the Week Beginning December 11, 2017”

The Details……..

Mongodb Inc. (NASDAQ:MDB) - a United States-based modern, general purpose database platform, will report Q3 results after the bell. Analysts are expecting MDB to report an EPS of -$0.48, on revenue of $37.2 million, implying 41% y/y growth.

This is MongoDB's first earnings quarter since going public in October; and the stock has traded sideways since the October IPO, succumbing to concerns over its wide losses and open-source, "freemium" business model.

The stock is cheap at 5.4x EV/FTM revenues, and should begin to recover on the back of a strong quarter.

MongoDB's analyst expectations have set a pretty low hurdle for the company to cross. The quarter looks like an easy one to beat, especially given the fact that read-through from companies like Cloudera is fully supportive.

Given that consensus expectations seem muted and the stock has already priced in plenty of pessimism, MongoDB should have plenty of room to run further post-earnings.

The Trade……..

** Option trade to consider: Buy the MDB DEC 15 2017 25.000 CALL at approximately $1.00.  

The Report………

MongoDB reported a loss of 44 cents per share, vs. loss of 48 cents per share as expected by analysts. Excluding certain items, the company's loss widened from $15.2 million to $18.5 million year over year, according to a statement. Then again, the company's revenue was up 58 percent year over year.

The company also beat analysts' estimates for guidance for the fourth quarter of its 2018 fiscal year, which ends Jan. 31, 2017. For that quarter, MongoDB expects a loss of 42 to 43 cents per share and revenue of $42-42.5 million for that quarter, according to a statement. Analysts had been expecting a loss of 44 cents per share and $41.3 million for that quarter.

End Result……..

Monday morning saw MongoDB stock price sitting at $25.76.

Tuesday saw the stock price hit $29.06.

“THIS IS THE TIME TO EXIT THE TRADE”

After reporting MongoDB stock fell as much as 7 percent even though the company reported better-than-expected earnings for the third quarter of its 2018 fiscal year, which ended on Oct. 31.

After the initial drop, MongoDB's stock price fluctuated in after-hours trading but stabilized down 5 percent from the closing price of $29 at the beginning of the earnings call.

The Profit……..

So, for those traders who managed to execute this trade recommended by Stock Options Made Easy; a nice tidy potential profit of 550% within 24 hours.

ACTION TO TAKE…….

"YOU NEED TO BE IN IT TO WIN IT!"

As you would have by now realized, many of our trades are based on earnings predictions. This is not to say all trades recommended to members follow this pattern, but during earnings season this strategy has been very profitable.

Our approach is to predict whether a company will beat or miss estimates, whether the stock will appreciate or depreciate as a result and what strategies investors and traders can use. This type of prediction is based on thorough investigation and fundamentally based research, and the results have been very exceptional.

Our proven track record says it all!!

Members of Stock Options Made Easy are provided with an extensive reason as to which direction a stock will move after earnings, followed up by a recommended options trade.

What To Do Now…….

If you interested in being part of this profitable action just click here……


Best of Trading,
Ian Harvey
Director of Stock Options Made Easy


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