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 : Pump's daily trading recs, emphasis on short selling

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stevenallen who wrote (4334)7/19/2001 9:57:54 PM
From: Michail Shadkin  Read Replies (3) of 6873
 
Re: My thoughts on analyst comments day of earnings

When a big brokerage firm step out on day of earnings with comments on a stock, especially middle of the day, I have found that about 90% of the time those comments are right on the money.

A large firm and their analyst just wouldnt put their reputation on the line without having some insider knowledge.
There are always exceptions, but I am speaking in general here.

Evryone would remember a bad call on day of earnings, so they cant afford to be wrong.

This particular point has made me tons of money over the years on earnings plays.

Re: NETA
Seeing those comments from Morgan Stanley at 2.30pm was a very bad sign for my short.

I was originally planning on adding at the close, instead I almost covered several times before the close.

Normally I would go long in that spot (maybe even a triple position because of the timing) but I was so convinced of my logic (ISSX and RSAS huge warnings) I talked myself into holding my short.

This was simply a bad decision on my part.
I think if NETA as still green by 11am tomorrow and the NAZ is getting hammered, NETA is a huge long then.
I will watch the trading closely, they could easily see 16s in a week after what seemed like a very solid report.

Also, the chinese hack attack on 10K severs today could add fuel also.

Best Wishes
MIchail
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext