Exactly Steve,
Gave the example earlier this week of CERT (CIC.TO) Mentioned earlier, how many stocks run up into earnings, leaving little if an upside. Gave the example earlier this week of CERT (CIC.TO) finance.yahoo.com
which played out exactly as planned. Ran it up, sold into earnings, bought it back on the dip. NSM among others may present the opposite opportunity, that is, a stock that is sold off prior to earnings, already has low expectations built in, and has very little risk of owning it going in. I tend to be a bit risk averse and generally wait for the numbers, but then there are the pros like CSCO who consistently lower expectations (and subsequent analysts estimates), then beat them handily.
Sharck |
