Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ERTS broken after hours! We had two days playing this POS with intraday, end of day and lots of shorting.

ERTS from our log




Mon Jan 26 10:33:24 2004: alfonso [0/] Msg:ERTS continues to move lower, the FEB 45 PUTS are on play now, the CALLS are not necessary
Mon Jan 26 11:22:25 2004: bbgold [0/] Msg:ERTS testing the lod
Mon Jan 26 14:13:04 2004: marketge [0/] Msg:MXIM and ERTS did not trigger but the puts in ERTS look good
Mon Jan 26 14:22:08 2004: marketge [0/] Msg:ERTS is a big disappointment but also quite in character for this company.. we will have to wait for the exact day it reports and play it again.. unless you did manage to pick up those February 45 puts which look nice and I do not think we're done with ERTS I do think it will rally tomorrow or the day it reports looking for a move above 48.50 At this point I'm skeptical of a straddle this soon


Tue Jan 27 15:00:43 2004: marketge [0/] Msg:but then with SLAB we might have an ERTS move like SLAB or half as good or bad..
Tue Jan 27 15:00:59 2004: marketge [0/] Msg:never risk a strong mover.. by balking at paying a little extra premium..