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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (4781)1/16/1998 8:04:00 AM
From: Dave Shares  Read Replies (1) | Respond to of 120523
 
Jenna,

Respecting your statement not to discuss particular stocks, I have more of a procedural/theory question.

Company A announces on 1/15 before the bell (released timed at 9:30 am actually), company B announces on 1/15 after the bell. Earnings were expected to meet or beat, so they were on my radar screen to play.

In your previous post, you said not to play before, but to play during or after. If I bought both during the day (1/15), am I trading in accordance with what you are advising in terms of timing? Company A gapped up and rose about 1 point at the open before dropping 3+ points from its high. I was willing and did take both home, and both beat estimates by .01.

Thanks in advance,

David



To: Jenna who wrote (4781)1/20/1998 9:58:00 PM
From: Dave Shares  Respond to of 120523
 
Hi Jenna,

Bought DSPG @ 20 7/16 this morning, still holding. My reading says that it has some more room to move, maybe 25 ( near the 50 dma). Any opinions ?

David


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