Earnings and what it can mean to ACR

I know not too long ago, I mentioned that I would experiment holding TRMS thru earnings. My thoughts were that the stock would react positively. I was wrong. I was able to sell the stock and still escape with a little profit. The moral of the story? Becareful when holding through earnings! It can be a very positive thing (such as in CUTR's case, after todays bell! The stock closed at $26 and is up to $32 AH! I know, incredible!) or it can fall like TRMS, DKS (Dicks Sporting Goods), etc. More often than not, its a safer bet to sell some of your stake before earnings. That way if its bad news, you wont take such a big hit. On the other hand, if its good news, you will make some money (but not too much) with your remaining shares.

So what do we do with ACR reporting on November 3rd? You can implement the strategy mentioned above, or if you are a long term investor, just take a little off the table and don't worry if it drops a little. You can even take advantage of this and get some shares for a cheaper price. Their previous quarters are not too shabby. My opinion is that they will beat estimates! We'll see soon enough!