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@Hiphoplives4eva Check your dm. Sent you some info on AMD's latest conference.
@Hiphoplives4eva Check your dm. Sent you some info on AMD's latest conference.
Was watching CALI stock for awhile. Was ready to buy 6,800 shares at $2.94, but hesitated. Some news pushed it up to a $6.87 high next day. I want to cry.
the luck will come back. don't worry brotha.
can you send me that same info?
I've been killing myself lately with so much lost money from these Chinese stocks.
Saw QUNR pull back to $29.49 and bought ahead of earnings report. Tanked to $24.77 and averaged down with a ton of shares. Was afraid at how much I put in, so sold at $25 something and took a few hundred bucks. Saw an upward trend, so bought back at $25 and sold at $26.50 (including my $29.49 shares) after a major firm set a $22 price target, thinking it was surely headed down. Lost a couple hundred. Up towards $28 today. I'm sure it's only a matter of time though before short sellers hit another Chinese company with book cooking allegations and tank it.
@Shugg Ross I like this quote by PTJ: "The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge."
1. I don't think reading earnings reports alone will armor you with an information-edge over others. However, learning how to analyze financial statements, and more importantly, knowing what to look for is fundamental for a stock-picker. There are many who do not know how to read a financial statement. When you say day-trading, I assume you mean to day-trade the immediate price-reaction of an earnings report. Most listed stocks do not react to their e/r, but those that do should be noted. However, I do not recommend trading an earnings reaction intraday. It is too volatile and not worth the risk in most cases.
2. Earnings reports are disseminated through various mediums. A good place to look is the company's investor relations site. Also, the SEC maintains the EDGAR database which houses all filings of companies.
so what do you suggest I look for? I was basically looking to see if there was growth each Q@Shugg Ross
1. I don't think reading earnings reports alone will armor you with an information-edge over others. However, learning how to analyze financial statements, and more importantly, knowing what to look for is fundamental for a stock-picker. There are many who do not know how to read a financial statement. When you say day-trading, I assume you mean to day-trade the immediate price-reaction of an earnings report. Most listed stocks do not react to their e/r, but those that do should be noted. However, I do not recommend trading an earnings reaction intraday. It is too volatile and not worth the risk in most cases.
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