Discussion on stocks with earning reports due

hajimow said:
If you followed my advice yesterday and bought ADI, well today it hit my target of $60. If I were you, I would take the profit. I don't say short it. Just leave it alone !!. By keeping it or shorting it, you may not make a quick profit. Free up your money and move on.
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ADI is trading at $58.47 now. I believe ADI will revisit $60 sometime next week. I would rate it as buy now. I am trading ADI for over 15 years.
 
More about AMZN,
The results were very good. However lets say if they double the earning for the next 3 Q, the yearly earning will still be less than a buck. The $70 rally after earning was just a well done sign by investors and does not reflect the high valuation. Lets say for the next 3 Q their earning is doubled and their earning for a year becomes one dollar (right now it is minus 88 cents), and the stock does not go up and stays in the same level. P/E would be over 700 !!!!
Market is over valued? Hell NO :)
 
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