I'm selling WDC here now at $22.81.
The market is once again in the red and I feel it is getting weaker as the day goes on. WDC reports earnings after the market closes and I have a gain on WDC and I want to bank it. Holding through earnings adds an element of risk that I usually do not like to take.
As you get to know my trading style more and more you will see why I generally sell before earnings. There could be a good earnings and the stock will go up afterwards, but it could also go down. I have a gain right now. And a gain is a winner. Selling to lock in the gain.
Wednesday, July 25, 2007
Western digital (WDC)
Posted by Fp80 at 7/25/2007 01:22:00 PM
Labels: WDC
Subscribe to:
Post Comments (Atom)
0 Comments:
Post a Comment