All three of the companies listed below are to report earnings throughout this
week and could be very volatile trade opportunities which is exactly what I look
for at JasonBondPicks. Before we take a look at each stock and their charts, let
me make it clear that I generally dont swing trade through earnings, but instead
use the walk up and volatile days after to trade for profit. Quepasa.com Inc. (
AMEX:QPSA ) is first to report Monday 11/14/2011 after the close. Just last week
they closed the myYearbook merger and which means the executives of myYearbook
will be in on todays call. Recently I traded and alerted QPSA from $2.95 to
$4.73 for a 60% win on the long side . Then last week I jumped back in with 40
call options at $.60 essentially shelling out $2,400 to control 4,000 shares
instead of about $18,000 to buy the stock. Fridays strong news with Coca-Cola
sparked a 19% run from $4.12 to $4.90 putting me up over 50% again on QPSA. If
the outlook is good today and the price breaks $5 like I expect, then the upside
can be very substantial. After locking in 60% a few weeks ago, this option play
limited my exposure to while allowing me the opportunity to play what could be
an excellent conference call. E-Commerce China Dangdand Inc. ( NYSE:DANG ) is
set to report Wednesday 11/16/2011 after the close. The market is betting on a
small deficit out of the Chinese e-tailer. Dangdang posted quarterly profits in
its first two quarters as a public company following last Decembers IPO, but now
its working on what is likely be its second straight money-losing quarter. Im
not sure Ill swing DANG as a runup just yet but I do like the support here
around $5.50 into Wednesday. If I dont try and play the runup into earnings, Ill
be watching close Wednesday once the market closes and if DANG doesnt impress,
Im considering a buy at $4.50 or the recent low. Wet Seal, Inc. ( NASDAQ:WTSLA )
is the last on this list to report on Thursday 11/17/2011. They have already
guided lower on a -9.7% decline in comparable October store sales which caused a
24% drop in the price action. Coming off a bottom of $3.07 shares have bounced
7% already no doubt due to short cover and dip buyers. With 52-week support
around $3.10 and clear oversold status, there are a number of ways Ill look to
play this swing trade long heading into earnings and after earnings. Disclosure:
I am long QPSA
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