Friday, August 12, 2005

BCON earnings

BCON is going to report their earnings today after the bell. I generally don't like to hold any position through earnings unless I'm very confident of the outcome. As far as BCON goes, I would not expect to hear anything financially exciting... but I do like the direction the company is going. I am choosing to take my profits and not risk an earnings disaster. Don't get me wrong, I like where BCON is going, but if this thing is going to go through the roof, will it matter if I bought it at $2 or $4? Profit is always better than a loss. I've learned the hard way that it is far better to realize gains and make a profit than to risk see it all go away and some. Pigs get slaughtered.

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