about 12 years ago, I used to hang out in a trading room run by an Ameritrade Challenge winner named Shadkin. He was a poker champion and short oriented. Any way, one of his favorite quant plays was to buy a stock if it was upgraded on the day of earnings or the day before. The win rate is very good, in part, because the analyst really looks like schmoe if he's wrong when highlighting such a near term earnings release.
TRIP was upgraded today and has earnings tomorrow. I will be stalking it.
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