Pre Earnings Russian Roulette on ...

Forum: Investments
Author: [Investments] Topic: Pre Earnings Russian Roulette on ...
cave0707 PM cave0707
Joined: Oct 2009
Posts: 1242
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cave0707
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Posted: 8/3/2012 10:47:36 AM
Gunna take a stab on TNGO before they release earnings on 8/8.  I've had some sizable scores this earnings season and this one is the last of the bunch I feel relatively confident in.  TNGO is no cheap stock.  With forward earnings in the 30's, it's not quite priced to perfection but it has to at very least hit upper range of expect revs/earnings and raise next quarter guidance or this comes crashing down like Facebook.  Wish me luck bruthas ...
cave0707 PM cave0707
Joined: Oct 2009
Posts: 1242
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cave0707
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Posted: 8/9/2012 3:53:10 PM

TNGO reported earnings yesterday and the stock is up between 7 and 9%.  I'm happy but not overwhelmed.  I'll sell 1/3 of my position and ride the rest until $22.50ish then punch out. 

kingpincarbs PM kingpincarbs
Joined: Oct 2003
Posts: 2538
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kingpincarbs
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Posted: 8/14/2012 6:09:38 AM
should of sold it all and locked in the profit
cave0707 PM cave0707
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cave0707
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Posted: 8/15/2012 11:30:33 AM
Ended up selling another 1/3 on Monday and the rest yesterday.  TNGO wasn't the big score I was hoping for. 
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