Hey laddies, been waging hard recently and haven't been around much, but wanted to share my thoughts on upcoming earnings. Let me know if you agree/disagree:
-ACB: had a little bump recently since it sold off some assets, but I still think pot stonks aren't quite ready for prime time. Don't expect EPS to be positive and I expect in-line at best, but probably a miss. No position. -KR: this one's had a nice run over the past month. I'm long this stock and I'm long going into earnings. PT of $28-$28.50. -AVGO: really strong stock that hasn't seemed too hurt by tariffs/trade war stuff, I assume due to upcoming 5G rollouts. I expect a beat and possibly a guidance raise. No position but I'm considering maybe getting an ITM call spread with a month or two from now exp (especially if the stock dips before earnings and premiums come down) ORCL: tough call here. Kind of a legacy co like IBM and still very much embedded in many many large corporations around the world but aren't all that sexy. Pretty neutral on this and no position. If I had to guess I'd say in-line all around.
I bought a few weeks ago with RH thanks to the anons here and Im up 11.11% as of today. Of course I only bought 8 shares because thats all I could afford so I wasnt too worried of dicking around. Now I have access to $10k so Im much more concerned about making the right choices so I dont get rekt and lose it all Im new to all this and I still dont understand how to margin. All Ive done is buy a dozen AMD last year for $13 and sell for $34
I enjoy popping in from time to time for that exact reason. I'll get bored of being annoying, take a break, come back a few months later and annoy everyone all over again.
