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.
Technology Stocks : Creative Labs (CREAF)
CREAF 0.4480.0%Dec 18 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gopher Broke who wrote (13310)1/12/1999 9:10:00 PM
From: Nazbuster  Read Replies (1) of 13925
 
Why wait so long and then sell just before Creaf reports earnings for what is traditionally their strongest quarter

GB, I did $4000 today on day-trading alone. (Wild day! Wish they were all like this.) Although my CREAF was in the Pension account, I realized that there are other ways to make it grow.

I keep watching good stocks like Home Depot, GAP Stores, Safeway, etc. make a steady march upward and finally realized the objective of investing is NOT to be "right" at any cost, but to make money with a good risk-reward ratio. Take a look at the following chart (1 year):
techstocks.com Is this a way to make a living?

I have also learned that earnings data usually leaks out and is reflected in the stock. Jenna has a whole trading philosophy based on it: buy good companies a few weeks before earnings and capture the run-up to earnings. CREAF is approaching earnings and the stock is STILL leaking like an old ship. No doubt, if they really surprise Wall Street, they will be rewarded with 3 or 4 points. Then will come the inevitable slide. What can they offer for the future? More DVD? Better sound?

I'll probably kick myself when CREAF reports $15.00/share earnings and a cure for cancer on the 25th...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext