Bausch Health Companies Inc (BHC)

[JLS]

I wanted to trade BHC, but

I was already in an AMD trade, and BHC (if it trades like it has been for many moons) is very risky to hold as earnings are reported, as everyone seems to want to take profits then.

Last May would be an example -- BHC went higher immediately after earnings were reported then immediately reversed on the following day. Granted, that wont go on forever but I don't like to gamble.

I think that kind of pattern exists when traders are in control of the majority of shares rather than investors being in control.