SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (67194)10/20/1999 10:35:00 PM
From: Jenna  Read Replies (2) of 120523
 
Earnings Plays are not gapping up as in the past as quickly after the report. There is 75% or more left to gain in the stock AFTER earnings are out. This is a good thing.

This fact will set the scene for the next earnings season beginning in January. We will establish exact guidelines for entering these plays AFTER the report. I am starting already next week for the last week of October earnings and continuing into November which still has a fair amount of stocks left to report. This isn't an exact science but I will try to graph and chart (with John's help) the amount our earnings plays moves up the day of the report from the stock's open.

I've held two through earnings tonight that look good and beat the street, but only tomorrow will tell if it was the right thing to do. Both are very low profile stocks and were mentioned on the thread.

.. Internet stocks will pull back 10-15% after good earnings reports and of course more if they miss earnings expectations. This might of course not be in one day but if you check them 2-3 weeks after the initial report, that is what you will find. I would not be in a hurry to get more out of the sector than the anticipatory upswing before the report and/or some profit AFTER the report. The latter more so with the newer IPO's or net stocks that have not kept up with the large gains in the sector so far in October. I expect to do some shorting tomorrow in the sector. Stock #4 10/21 EP beat the street by a good percentage but was up already in 13.35% in Anticipation during today's session. It could conceivably move even higher tomorrow or could sell off on the news. Either way I would think 10 or 11% would have been enough profit for one day without the risk of holding through earnings.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext