My company announces earnings on Tuesday before the market open. I have a vested interest since I hold employee stock options that expire 1-1/2 months. If the earnings report exceeds expectations, I may get a nice bonus. If the earnings disappoint, I'll have to settle for less, maybe much less.
I fully expect my company to disappoint. It would take a small miracle for the company results to beat expectations. Therefore, I should sell on Monday prior to the earnings announcement.
However, I plan to take the George Costanza approach of doing the opposite. So I am going keep my stock options until after earnings.
For more on New Beginnings, check back Sundays for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2016 Achievement Catalyst, LLC
Sunday, July 31, 2016
Subscribe to:
Post Comments (Atom)
Subscribe to My Wealth Builder
No comments:
Post a Comment