Typically I dont like getting in a position before Earnings. Got burned several times, but RS is a good fundamental stock. Does everyone else agree it might be worth to get in before Earnings tomorrow for a quick gain?
Yes it is good position....If you are worried then read article on last quater earnings. Worst scenerio would be miss target then too if you hold this stock for 3 to 4 weeks it will recover back to $62. They will beat the market easily. Even if they miss i am sure they will have something great to say about future that will lift the stock to $65 tomarrow. Who knows they announce takeover??? which i doubt it but you never know. Either way, if you wanna make quick money or looking for long term investment....RS is a place to be in....Sail with RS, you won't Sink.