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 (25446)2/22/1999 11:18:00 PM
From: LzzrdKing  Read Replies (1) of 120523
 
<<#1,ADLAC,ANF,CMCSK
#1 from today's list is one of my favorites and you can see how often it appears on the watch lists. I would have held it as well.
ADLAC, ANF CMCSK were picked up days before earnings came out.. held through earnings..When the report is that good I don't balk at a couple of points down the first day. Both ANF and ADLAC came back like gangbusters after losing a couple of points. You can't rush out too quickly because the stock can just surge once you leave. I'd rather chance a 2 point loss than chance losing a 'gap up' or 'surge' when a good stock beats the street, is a tad down but has all the potential for a rebound very quickly.>>

As a trader I believe earnings plays are bad risk/reward. The downside to a bad report is much greater than the upside to a good one, especially in weaker market environments. Even when the report is good, the news is often "sold" anyway, as that is what professionals do. And often, the report is good but something negative is said in the release, which leads to a nice gap to the downside. That is why I almost never hold through earnings. The sole exception being when the company prereleases blow out eps or when I didn't know eps were due <g>. Much safer to wait for the release and see how the stock acts in response.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News