I realize the earnings report will be skewed by attrition, but do you guys think I should sell my stock now, or hope the overinflated earnings report will temporarily spike the price and sell then?
7 replies (most recent on top)
should have sold.
Historically the stock falls immediately after earnings and then begins to rise. But recently it hasn't been doing the latter.
Fiserv is a bad company with a bad stock. Sell it all, even for a loss, and buy a better stock like AAPL, GOOGLE, MSFT OR AMAZON
I think you should avoid any risk of an accusation of insider trading.
Do you own shares outright or are they an award (RSA, RSU, options)? If the latter then they most likely vest a week AFTER earnings and way too late to catch the sell wave. If you own outright then I’d sell before the earnings report.
Well, look at it this way. Last quarter, the stock was affected negatively due to the 'guidance', not from the material reported results. 'Guidance' is just management looking into a crystal ball and making a best guess at future earnings, based on current trends.
That's where the action will be. If the 'guidance' is positive, the stock will pop. If the 'guidance' is marginal or poor, the the stock will dip.
Your call on what you think the 'guidance' will be.
Good heavens sell. Cutting employees to meet Wall Streets expectation always back-fires. Sell every share now and NEVER buy back