Yes, conference call does make a difference. Appears it will open red. Had great earnings. Yes I was short but I covered. Do not hold long or short over earnings unless I have some very good valid info.
I noticed that AMAT, LRCX and KLAC downgraded this morning. GLTA
It may be a great company but the price of the stock is poor. Earnings tonight and it is moving down. Folks may be hoping for great earnings similar to LRCX so it has a big gap up. We will know in a little over 4 hours.
Short day for NUGT. Often sells off even more towards the close on a down day for gold like today. Will have to wait and see.
Rather big miss. Maybe they can paint a better picture with guidance.
I covered 4,000 at 7.35 area as I have held a bunch for some time. I still have some left. I was thinking about pigs getting slaughtered after I initially thought of covering some premarket yesterday. Thought of covering a bunch at 6 awhile back and greed got the better of me and it jumped to 10 plus. I was watching LRCX this morning and was reading all the upgrades. So they gap it up to 81+ and take it down to 76+. OCN could go lower or wall street could decide to play on some positive thoughts and run this up. So i Have put a stop at 8 this time. If it takes it out I am off to another stock. If it keeps going down i will just lower my stop. The thinking part is gone for me in this stock now. Wall street can do what ever it wants now as one of these days it will take me out. If it wants to do it at 6, 5,etc or 8 that is fine.
Covered at 59.20. Earnings on April 23 so they may keep it up into earnings. Do not hold over earnings unless very sure they are in good shape. Earnings for semi's have been all over the place so will wait until after earnings. I should have shorted LRCX this morning. They sold it off 5 points despite all the upgrades. Wall street controls so one has do what they do if you can figure it out.
Have to love wall street. Already down over a dollar from fake jump. Wall street like MS making a lot more money shorting stocks now.
Would agree that the loss of the middle class is really hurting Harley. It isn't hurting the rich as maybe a few are buying a second hog but there are a lot of former middle class that are selling theirs. This really hurts HOG as there are a lot more former middle class selling than rich buying. Think HOG will be making new 52 week lows.