iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,477 Blog Posts

Understand the Risks Heading into Earnings

I am going to create a tool inside of Exodus that will flag companies that might pose significant risk heading into earnings. It’s very easy to know which stocks can potentially harangue your face. Look, I’m gonna help the little guy again.

Get a subscription to briefing.com. I don’t get paid for telling you to do that. When you’re in, you can look up your stocks earnings history. If they’ve missed earnings on the top line or bottom line, once over the past 4 quarters, you’re at risk.

If, by chance, your stock is trading in excess of 10x sales, you’re automatically at risk. There isn’t a rational reason to play earnings in names like GPRO or TWTR since they’ve never proven anything or are trading at excessive valuations. One new stock that comes to mind, when thinking about earnings risk, is SHAK. Here’s a stock trading at the most expensive valuation of any restaurant stock in the history of the market. Should those fuckers sell one frenched fry less than expected, Wall Street will slap the shit out of that stock sideways, until its face falls off.

TWTR is down sharply because it was trading 20x sales.

I ended up flat for the day, still with a strong (like cock) cash position.

NOTE: I swear on a stack of bibles, Exodus will launch today. We are having Paypal integration issues and have been attempting to kill Ebay all day long because of it.

Don't Degrade The Champion from iBC on Vimeo.

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9 comments

  1. badduck

    Wait, what? Paypal?

    You’re charging for this? Under Obama shouldn’t this be free?

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  2. freebie

    Exodus!

    https://www.youtube.com/watch?v=Sv2ockoYPxU

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  3. vandamme

    Paid pal

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  4. ironbird

    “Look, I’m gonna help the little guy again.” Classic Fly. Just about died laughing at that line. Not really sure why. Being that it is true.

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  5. it is showtime

    Anyone have T.A. for a 5 month sine wave pattern?

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  6. og

    I sure got fucked by TWTR.

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  7. gorby

    Do not swear on a stack of bibles.
    They were written 100 yrs after
    Christ’s death. Hugely inaccurate.

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  8. handyandy

    Bought GPRO on 04/1 at $40.75 was beginning to wish I hadn’t at close today, then it dawned on these WS drama queens that the results were not bad. Me up big on this in 28 days, tomorrow is another day…shorts are going to die..

    However, I did have a premature ejaculation on SAVE, out at $76.58. What can I say, I hate flying, and especially on the worst budget airline, you want peanuts, with that $10 coke, oh that’s an extra $5. And who the fuck charges to print a boarding pass…really…

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  9. ggarbacz

    Good piece Fly. I have been on Briefing for ages and helped start Street Account which was spun out of Briefing. Good advice to the masses.

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