I never pull the trigger in time. Happened to me last quarter and it happens again. Saw $2.39 and didn't pull the trigger. Like an idiot I waited until earnings again for the pop. Got screwed. What takes us 1 month to gain we lose in 2 days. 1 step forward and 3 steps back, that's the reality with this stock. Good earnings, massive sell off, I just don't understand. I think the market is not for me, once I get out of this stock I'm done, back to just a good old savings account earning $20 a year.
Unless a company blows away earnings targets these days, seldom will you see much of a pop, and more often than not a decline. Sell a significant portion of your position ahead of earnings and you will catch much of the upside potential.
Danny: Look at the charts for the last few months. look at the lows. Trending up? Good company? Now form your own next low and don't buy 'till it gets there. If it never does, big deal. Move on to another. Have a list of the ones you like (based on some research) and have your entry price in mind. Usually you'll do fine as long as you watch them after you buy. Pick the high sell price it'll hit in your time frame, then sell it. Don't try to make a killing and you'll do better than a freak'n savings account or fund! GL! Hang in there