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re: Most anticipated earnings beginning the week of 3/19/18

Posted on 3/21/18 at 11:24 am to
Posted by YoungManOldMan
Member since Dec 2017
1882 posts
Posted on 3/21/18 at 11:24 am to
quote:

Lock in the profits imo.




So we are not believing the $98 price tag?

Everything I've read is they are supposed to blow earnings our the water tomorrow.

Is some of this rise inflated?
This post was edited on 3/21/18 at 11:24 am
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167605 posts
Posted on 3/21/18 at 11:30 am to
Thy may eventually hit $98 but they have had a huge rise the past few weeks. For months they were staying in the $40-$44 and are now over $60 per so tomorrow if they hit earnings you will have a lot of people cashing out and taking profits. Sometimes it causes a ripple effect and causes other people to panic sell. There will be a buying opportunity but in the short term if you are buying calls for profit then it's best to sell in anticipation of the sell off.

Again, sometimes it's best to take base hits vs home runs. I could hang on hoping for the home run but that could bite me in the arse too.
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