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PEAD trading strategy | Stock movement over 5% after earning announcement released yesterday after market hours | Taking long position for 4 days because the movement is up
Short position. Sequans communications is a electronics manufacturing company based in Paris, France. Fits into our short strategy because ROE is -278,10%, operating margin -36,9% and P/B-ratio 23,89. Market cap is 207,17 $M, which makes it the biggest company in our short portfolio. Earnings release is due Jan 30 BMO.