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 :)
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