With the stock up 75% in the past 5 days. Wouldn't it be smart to sell before the earnings release and lock in profits, just in case there is no ground breaking news. If earnings are similar to the past few quarters, don't many here believe there might be a sell off? On the past few reports they beat but there was not much upside market reaction.
Wondering what others think.
I too don't believe that there will be any big news on actual earnings, slightly plus or minus what analysts are expecting.....But I believe there will be big news on Ova or Pad or some new partnership development or reimbursement and this will propel the stock even higher on Thursday morning. It be difficult to get back in. The profits you lock in today are the same ones you lose tomorrow.
I sold the other day, kind of wish I held...but I had bought at $2.09 and held through all the downside, so when it was up the other day, I felt I should lock in profit. Was hoping to get back in, but now I think I will wait till after. If it is really good news, I hope I can catch it on the way up...