PreEarnings Trade NTRI Long

bttweb · Jul 25, 2006

exited NTRI today .. wiped out all my profits... darn those EXECs .. always mixing their personal life with business.. should have seen that early.. but who would have known

forex-forex · Jul 25, 2006

Quote from chuckles:
We are holding a long position on NTRI shares ahead of earnings due after market close today.

We believe that NTRI should be able to beat consensus estimates, which are at:

Who is we?

MorganSys · Jul 25, 2006

Quote from Artie21:
Rule 1) Never by a gap down after earnings unless there is serious buying interest in evidence and the stock takes off from its morning low point. fueled by strong buying.

Evidence:
http://www.cob.vt.edu/finance/Faculty/vs/pdfs/2001JBF-PriceChangesDrift.pdf

jj90 · Jul 25, 2006

Thanks for sharing your money with me guys.

chrisofj · Jul 25, 2006

Quote from MorganSys:

Evidence:
http://www.cob.vt.edu/finance/Faculty/vs/pdfs/2001JBF-PriceChangesDrift.pdf

Thanks for that pdf.

MorganSys · Jul 25, 2006

Quote from chrisofj:

Thanks for that pdf.

You are welcome. Here is the dissertation that preceded the paper:

http://scholar.lib.vt.edu/theses/available/etd-042399-112528/unrestricted/DISS.PDF

qll · Jul 25, 2006

Quote from HolyGrail:

I sure hope you didn't buy your 1-2000 shares.

i sold my 700 shares with only 200 profit then got back in with 600 shares, cut loss 135c. Total P/L lost $900

i was mainly trading SNDK during the day, because SNDK is a much safer stock to trade. a reverse on great earnings.
i like NVDA and SNDK for 5 day swing.

I will short AMZN at pre market. Got to kill the dead.

Rearden Metal · Jul 25, 2006

Quote from HolyGrail:

The stock has gone up 2087% in less than 18 months. Can you find any stock that has EVER done that? I can't.

In that case, you can't possibly be older than 25.

Rearden Metal · Jul 25, 2006

More memories of the Golden Age:

<img src=http://bigcharts.marketwatch.com/charts/big.chart?symb=amzn&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=41519&style=320&time=13&freq=2&nosettings=1&rand=5994&mocktick=1&rand=6286>

<img src=http://bigcharts.marketwatch.com/charts/big.chart?symb=yhoo&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=16665&style=320&time=13&freq=2&nosettings=1&rand=5325&mocktick=1&rand=1301>

<img src=http://bigcharts.marketwatch.com/charts/big.chart?symb=qcom&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=8267&style=320&time=13&freq=2&nosettings=1&rand=5025&mocktick=1&rand=9630>

Come to think of it, you don't even need to go back to the Golden Age to find such examples:

<img src=http://bigcharts.marketwatch.com/charts/big.chart?symb=tasr&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=661485&style=320&time=13&freq=2&nosettings=1&rand=652&mocktick=1&rand=1349>

HolyGrail · Jul 25, 2006

I know about cmgi as well. Nevertheless I believe you can buy it for 1.00 now. My point was stocks that rise that fast take a lot of downward pressure. The are priced to above perfection and at some point in time they will drop like a rock.