WGO publishes earnings on Wednesday before the opening bell.
WGO declined nearly $4 after beating the Street’s earnings estimates by 7 cents. I waited an additional day before exiting in order to give the price time to make a partial recovery from the fall, which indeed it did.
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By Tim Bovee, Portland, Oregon, Dec. 19, 2017
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.
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Based on a work at www.timbovee.com.