Dear Longs when the earnings come out set your sell price high before the open
Unless you want to get out quick and settle for the low/no gain. Dirt balls will enter a premarket buy at a low price to try to pick up shares for sell at market price and steal them from you. Time to make them PAY PAY PAY.
Hey Ram, I really dont know #$%$ Im doing I am just really lucky i guess and I didnt get the scenario you just painted but it did perk my ears up. I sold the last rally at 1.36 accidentally because I had a gtc sell @ order placed due to past advice. I tryed to get back in the same day under .80 but that is when I learned I had to wait 3 days, today was the day and I am all in with a hell of a lot more shares than I had last month at .64 So in your post above when you say set your sell price high, how high are you talking 5.00+ ?????
that's a good price, however, look at activity when market opens. If it stalls below that amount then you may want to sell and still receive a tidy amount. But if things get ridiculous, it may blow past it.