its all a flim flam. i have realized u can only play companies that trade after hours with high volume. i.e. fslr, wfc, aapl, csco, and so on. thus the gapping thing dos not come into play. let the news hit and watch the price action.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Earnings Plays
- Thread starter chuckybrown70
- Start date
Quote from cashmoney69:
this is what i dont understand
SHLD (sears) had a great, better than expected Q! earnings, and the stock gapped up
now look at CRM
they doubled their Q1 profit and the thing gaps down... why? whats the logic?
cm
It's not just about the number, it's the story with the number:
(http://www.thestreet.com/_yahoo/sto...tdown.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA)Salesforce.com(CRM Quote) said Thursday that its first-quarter profit almost doubled, as sales rose 23% from last-year's levels, but its shares plummeted as the company lowered its full-year guidance for the second time.
What the future holds is ALWAYS more important than what happened in the past.
Expecting a stock to beat, raise, and get upgraded and then gap up and run up seems like more of a strategy suited to a bull market, unless there is specific information you have to think that even in a bear market you have an edge in buying pre earnings. Hopefully that information is legal.
cash only is right,
u need to hit all three:
eps
revs
outlook
if u miss outlook, expect 10% drop. if u miss revs or eps, easily can drop 5%.
but if u miss revs, but eps and outlook are up, stock can go up also.
i say it is a flim flam because the CEO can say whatever he likes. now u might say why would he guide down? well, they are in it for teh long hall, so when they then guide low, or sandbag, it makes their job easier, and makes them look like heros in future quarters.
u need to hit all three:
eps
revs
outlook
if u miss outlook, expect 10% drop. if u miss revs or eps, easily can drop 5%.
but if u miss revs, but eps and outlook are up, stock can go up also.
i say it is a flim flam because the CEO can say whatever he likes. now u might say why would he guide down? well, they are in it for teh long hall, so when they then guide low, or sandbag, it makes their job easier, and makes them look like heros in future quarters.
what reports will you guys be playing?
snda
Crappy week. Crappy year. Anyone fairing better?