TTWO
long here
posted by biopoetic at 4:02 PM
strategy to take short or long position in a stock just before earnings are announced. Because of high volatility substantial gains or losses can be experienced. We call for all traders to contribute here.
1 Comments:
man... how did u know? other than a huge short interest, there would be nothing to drive this stock up... i was sure the stock would go down even after the earnings were released... eps miss was significant, but many were expecting this... but...the company said it would be losing money in 1st, 2nd and 3rd quarters.. which means they're not goin to deliver current fiscal year estimates...yet again, the stock went up a lot... what was ur reasoning for this?
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