Note: VCA Antech (WOOF) - Buy

WOOF shares have broken their 200 day moving average, which has proven to be a good time to buy the shares in the past (see our link). Further proof that the press release is being misunderstood by the market, TheStreet.com wrote this, "Animal health care provider VCA Antech said its third-quarter earnings rose 21.1% from the year-ago period, but was hit after it lowered its guidance." Note, TheStreet is wrong, WOOF raised its guidance by 2 cents. Unfortunately, investors have been fooled so far today by illusion and this creates a buying opportunity. Hopefully management or analysts can clear up the confusion somehow. The 200 day trend line seems to indicate the shares could bounce. (disclosure)