One "never" holds ...or should rarely "ever"
hold shares of any stock into an earnings report , period.
(They do have their "anticipatory upswings" though...)
Cardinal Rule number one , end of story-----> Next !
(Unless you have the money to hedge , and
are very quick in the aftermarket<gg>.)
In the case of TLGD after it's haircut , it did have the courtesy to bounce a bit nicely
and it did give a very nice "anticipatory" upswing before, as many do :
siliconinvestor.com
*So one following that cardinal rule of
"holding nothing into earnings"
that you wouldn't bet grandma on...suffered no loses.
(you do get the chance to scalp in the dead-cat aftermath.)
So Mr Market decided that even after some decent earnings performances , and promising guidance, he had gone as far as he wanted to go, therefore it was time to skim the cream and go short.
Mr Market isn't unfair , he is just prudent ,
especially now ahead of CSCO's earnings.
Would you buy JNPR now @ $140 ?
siliconinvestor.com
CHKP @$170 ?
siliconinvestor.com
BRCD @ $220/shr (pre-split)
siliconinvestor.com
Or here's SEPR after reporting:
siliconinvestor.com
See a pattern developing here maybe?
Mr Market giveth , Mr Market Profiteth,
and Mr Market taketh away..
(Maybe Lee Kramer can write a piece on "Mr Market",
his ego, alter-ego, and the Wizards of Id )
------>Throw up a specific chart , ask a specific question
of fundamentals and technical analysis before~hand ,
and really put Jenna on the spot. <VBG>
...and we all can learn something.
c/ya
**I have rarely seen Jenna recommend that
any hold a play into earnings have you?
It is not a very good practice to get into...
Few plays go unnoticed or are "swept under the table"
that I can see , and are always in play ...
unless they become complete
untouchables as CPTH which has no gone
to that realm in the after-life that is death ,
for the dead
( See movie Betelgeuse = exorcism scene)
;-) |
