So far, the pattern has been a steep rise in the stock followed by a steep drop after a lackluster earnings report. The company has yet to release anything and all it has is design wins. On top of that, for this earnings report there will be no Kindle sales, which were undoubtedly very important for the company in previous ones. I predict a steep drop coming after the Wed. report, and assume it will pick again in the coming weeks/months; the trends certainly seem to support this.
Sounds safe. I'm done betting on quarterly reports. I get mostly burned. Definitely a BUY when this trend loses steam for the next quarter...I think! If not, well I got decent shares that is on the incline now with this flying action!