Registered: Aug 2010
09-30-12 01:11 PM
Quote from probe1957:
I wonder what you kids think of establishing a long stock position on BBBY. Decent enough fundamentals. Tend to gap, usually down, on earnings then cover the gap by the next earnings. Reported earnings a few days ago, gapped down and have begun to recover.
So, whatcha think?
there is a lot of resistance at 65 - 50 and 200 dma as well as price of open on earnings day. i would look to short around there and put a stop slightly above.