Quote:
Originally Posted by sammyg2
Couldn't resist.
Earnings report due this Wednesday.
Based on the past history (and hysteria) of this stock:
if the news is absolutely terrible the stock might go down a little.
If it's only marginally terrible, it'll go up a little.
If it's just bad, it'll go up a lot  |
Often, stocks that run up strongly into earnings get sold off at the earnings report, even if its good news. "Sell the news"