tsx_trader

Food Long into earnings

Long
TSX:FOOD   GOODFOOD MARKET CORP
I already have a position of 100 shares at 9.86.

I wont be increasing my position. I am long into earnings, it had a really nice day on Friday, MACD is crossing over to the upside. I am betting on a few bullish days on the markets. I am thinking Ill hold till November 9th or 10th, take my profits, but also keep some shares. To see what surprise earnings may have.

NOTE:

I am not a huge fan of holding something through earnings; however, in this case, I would hold a small quantity only if I sold the majority of my position and the few remaining that I hold are paid for by my capital gains or are free, as such, I get free stocks to carry through earnings should there be some upside. Or sell after and its all the same :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.