Earnings Plays

If you have bloomberg, you can do enough research to have a good indication.

 

azo
big
ann

all 3 should get crushed. mean like 10% loss on each.

especially azo and ann.

big lots should report possitive, but the outlook will be down and probably lose 15%.

i am not putting any money on it, maybe i will buy 2 put contracts on each, but it has the typical uptrend before earnings while the market is trending down. that is a bad sign. if this was not a bull market i would play big lot long but cant touch any three, except to short.

lets see if i'm right

 

look at the P/E on ann. this is a set-up for a 20% down. the company is losing money, lol. retail is getting crushed.

i will definitely play this short. lets see if they get me.

 

any websites that also list stock price of company reporting earnings?

 

If they get you, it would be at 7.50 to 7.75 area. If you get them, I may actually try to pick some at 4.75.

PS: Could you please specify in your future posts, the date of the annoucement, and time whether before open, after close.

 

ann posts earnings before market on march 6th as per etrade.

always good to look on their website. usually has good info

 

Anyone catch AZO earnings this morning? i had a buy stop at 150.83...caught a nice 4.2 pts in less than an hr.

cm69 out

 

i got 150 shares of BJ @ $27.62

already broke my first rule, did not buy on close and down .20 or $35. if this hits up $3 if misses down $1.25. lets see.

already looked at their website. they beat numbers for dec and jan sales. colud be a huge up in this down economy???

 

did well with BJ, Chucky?

 

thanks for asking?

sold at 19.92 and shorted from 19.92 down to 19.64. for a bonus

but played very little shares only 114 (a partial end of day fill)

but, since u asked, i will give u another tid bit.

the news for GB came out on tues afternoon. it hit huge. and for some reason there was someone selling at a reasonable price in the after market.

18.31 this was a 6% gain for the days close, but funny thing was, it was a down day for the stock and an almost break even from the open.

i looked at the chart and it had 20 written all over it.

700 shares were available, but since i am new and inexperienced i only grabbed 150.

in the morning it shot up and i sold at 19.50

that was free money. shows u can wait until after the report and still get paid. just like some people did with AZO.

i am looking at WIND for this afternoon. only thing that might stop me is the overall downdraft of the market

get it, wind, downdraft??

lol