Thread: Investing 102
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Old 01-22-2012, 06:33 PM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by CRCRFT78 View Post
Out of curiosity, would it be wise to buy into a stock thats reporting earnings on tuesday on monday or has the train already left the station.
That's a GAMBLING question... how much do you know about the company -- are you willing to BET that the earnings report is going to be good?? Because if it isn't - you might get your butt crushed.

Anyone that bough GOOGLE before earnings -- just took a $50+ haircut...

So what you really need to ask yourself is ------ If the earnings are good -- and their forward comments are good -- am I INVESTING -- or am I trying to get the first .50 by gambling on an unknown?

Sometimes I'll buy AFTER earnings a day or two when I see which way the wind is blowing... 'cause I'm in it more for a couple years than just today.
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