CarMax will report their fiscal (financial) second quarter earnings Wednesday morning.

Anyone trying to "play the stock" into the earnings, really needs to think again. 

Because I think most of the erratic movement with the quarterly reports out of CarMax have more to do with a "call" some brokerage firm was trying to make.  Usually it comes from a new analyst in the space trying to make a name for him or herself. 

They say, oh, I've done all of this research, and I know CarMax's comps are going to be really good this quarter, so you should buy the stock into the release, and then sell on the day of earnings.  And sure enough in the fiscal fourth quarter (March 29, 2007,) CarMax reported 12% used unit comp growth (really good com ...

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Related Companies: CarMax