Huge opening swing with SCSC after earnings report

As title says, ScanSource (SCSC) had a huge 20% swing at the open today. SCSC released an earnings report yesterday at the close. I don’t really care what they said, but we actually broke above my stop at $22.70 briefly at the open. Although my stop order didn’t get filled. Then SCSC just drifted ever so slightly downward thoughout the day. Remember, the market climbed back to 870 today, so this is suppose to be a bullish day. This is definitely a weakness on SCSC. The waiting game continues.

ScanSource (1 minute chart for today)

Related posts:

1. BOUGHT +50 SCSC @23.52
2. SCSC short entry stop $21.40, buy exit stop at $22.70
3. Day trading report Jan 22, 2008: +$1200
4. Day trading report Jan 29, 2008: +$130
5. Paper trade: CBRL breakout before earnings