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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: eik who wrote (16089)6/23/1999 9:16:00 AM
From: Susan Saline  Read Replies (1) | Respond to of 43080
 
coms

pretty nasty how they "beat" by a penny

announce a stock buy back

then ... add .... an ... oh by the way, revenue growth may slow ....

they coulda waited a couple days, eh ... to mention that.

.... now under normal futures conditions COMS would rebound fairly quickly like QWST ... but with futures down ... it 'may' not be a buy on dip ... I like the divers, but not on a day with futures -7

but ... coms really .... no big deal ... give it a few days, it'll be right back up.

I learned a valuable lesson years back ... if I know that a stock is going to report I try to sell before the release. learned that with NOVL ... took a huge earnings related loss

it's a crap shoot ... and to me, the possible losses are not worth the risk.