Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Yep TASR and RIMM (leveraging tons of shares) we gave instructions this week and last week to keep a nice call position in RIMM and TASR for such a reason. We are also swing playing MAGS (2 days after first 4 days) and CDCY (3 days) so we don't miss any contracts after hours. The way to play is to be in a straddle BEFORE THE PLAY. TASR and RIMM (and QCOM) and less but also SNDK were the major straddles this week and last. No need to chase since we are already in all of them. Scalping is not the way for maximum upside. We stick to a workable few and milk them for all they are worth.