NWS likely to miss earnings expectation on Feb 7th.Media companies have been getting the pants kicked off them lately, and NWS - News Corporation is at the top of an all time high on the charts, which may provide an incredible opportunity to capture a very sharp decline in the price.
Earnings will be released on Feb 7th (next week), and with price sitting at/near an all time high, if earnings are missed, it could present a very rare opportunity for short positions/short plays.
Good luck, and always use a stop.
