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Dutch1

07/26/19 9:49 AM

#30060 RE: Harry Winston #30059

I thought we already where discussing it. PEIX will probably miss on EPS expectations and even if they don’t, they will not move up very long. They might beat on revenue, but EPS is more important. They will not gain enough to avoid a RS. Best time to buy is the dip before earnings, best time to sell one or two days before earnings.
If earnings are received positive, which sometimes happens even with a miss, a 10 percent rise in share price would be a nice profit, holding much longer will be risky. Beginning of the day after earnings you’ll see a lot of speculation. End of the day is more steady. But what ever happens, it is back to business as usual within 3 or 4 days.