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321 CR SPR 21.96 10.04%

Portfolio Bludgeoning, aka Sell: $GTN

By elizamae – Wed Feb 20, 2013 9:43am – 4 Comments

Thanks in part to Yahoo Finance initially reporting (when I started the position) that GTN was to report earnings on 2/25 and part due to my own stupidity for not checking multiple sources (or rechecking with Yahoo, as it were), I have taken a most heinous loss in GTN this morning, selling at 3.29 (from an average of 4.36). Seems fitting, considering my physical well being.

This is why, unless it is your primary strategy, you don’t play with earnings, kiddos.

Blech.

-EM

Previous Posts by elizamae

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4 Responses to Portfolio Bludgeoning, aka Sell: $GTN

Vertigo says:

February 20, 2013 at 9:54 am

You’re right, nobody can game earnings. Playing earnings is gambling, you have to be right on earnings & guidance, but more importantly – you have to be right on market reaction. It’s all luck & luck is not a skill.

Sooz says:

February 20, 2013 at 9:59 am

shake it off..this very moment
(that stinks)
EM is still a huge winner in my book

flyaway18 says:

February 20, 2013 at 3:07 pm

For me, it depends on position size going into earnings. If I’ve taken some profits beforehand, I can handle the stress of earnings better.

elizamae says:

February 20, 2013 at 3:35 pm

That has been/is my strategy,,,if I have the correct date,,,

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- elizamae
- Bio: Humbly trying to navigate my way through the stock exchange. Also, to eliminate confusion...I'm a dude.
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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,354.40 0.80% NASDAQ 3,498.97 0.97% S&P 500 1,667.47 1.03% VIX 12.45 -4.74%	SPX 500 (CFD) 1,665.90 -0.01% DOW (CFD) 15,345.00 -0.06% NASDAQ 100 3,025.10 -0.13% EURUSD 1.283 -0.05%	UK 6,723.06 0.53% GERMANY 8,398.00 0.34% FRANCE 4,001.27 0.56% SPAIN 8,582.40 0.47%	H. KONG 23,082.70 0.17% JAPAN 15,138.10 0.67% KOREA 1,986.81 0.79% SHANGHAI 2,282.87 1.38%	NAT GAS 4.10 -0.24% GOLD 1,453.60 -0.60% SILVER 23.76 -0.77% COPPER 3.19 0.32%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR -0.03 -314.29% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.86 -0.96% GERMAN 10YR 1.33 -0.38% ITALIAN 10YR 3.90 -2.04% SPAIN 10YR 4.21 -2.35%	WTI 96.02 0.90% BRENT 104.72 0.00% WTI/BRENT 8.70 321 CR SPR 21.96 10.04%