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Interest rates are going up.   And going up big, it appears.  I'm using the 1980s 10 year treasury interest rates of 15.84%  as referenc...

Sunday, July 31, 2016

Make or Break Tuesday

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.

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This is not financial advice. Please consult a professional advisor.

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