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davedavedavedave

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davedavedavedave

Re: None

Saturday, 02/17/2007 8:29:30 AM

Saturday, February 17, 2007 8:29:30 AM

Post# of 2542
Buy after earnings, or now?

I want to take a position in CHCG but I never like to buy right before earnings, especially when everyone is expecting great news, because the expectation gets baked into the price, and when the news is finally released, the selloff happens. Tbat seems to be the case right now with CHCG, "great expectations," which makes me think there will be a selloff after earnings, and a better entry-point for me.

Anybody else think the same way, or have any other thoughts? Long term, this looks like a great deal.

Dave
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