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Originally Posted by lewdog
This riskiest play I'll make this week may be LEAF. Earnings are Feb 25th and let me tell you, I don't like holding through earnings if I'm trading. I may spec play this and buy Monday but sell 50% of my positions before market close on the 25th. I could then let 50% of the position ride through earnings just in case. Upside here is hopefully 20-30% in short duration.
Weird things happen around earnings. A recent was PTON that surged 10% the day of earnings. Earnings were released after market close and the stock sunk 12% after hours even though the earnings report was good!
For longer plays, BABA continues to trade in a well defined channel, hopefully breakout coming. It's VERY undervalued. EXAS is a long term play as well and I really like what they offer.
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RE: earnings. In grain it isn’t the actual report, it’s the report compared to the trades expectations. I anticipate your PTON experience is similar.