Watch out for biggies tonight
Published on June 28, 2007
Watch out for biggies tonight
In case you don’t know, RIMM, PALM, MU, ACN, APOL are expected to announce their earning results after the market close.
Based on my ATM IV analysis RIMM is expected to move by roughly 5-6% (i.e. $8-$10), Palm by about 8-9%, ACN by 5-7% and APOL by 8-9%. RIMM may offer some good money making opportunity. Check out past post on Google (all are listed in Articles) where I played earnings in 4 different ways. See which one suits your profile, in case if you decide to play earnings.
Profitable trading, OP
[…] Research in Motion (RIMM) rose +16% in after-hours trading as the company said Q1 profits were $1.20 a share, well above analysts estimates of $1.09 a share and the company also announced a 3 for 1 stock split. Congratulations. […]