Aug. 5 at 6:21 PM
$ALB
Longing for the old days, when a win was a win; but these algo traders nowadays use earnings calls to manipulate prices short term and steal shares.
Was hoping for
$127+ by earnings but odds look like the WS weasels are planning a rug pull.
I’m expecting a decent report after ALB raised their dividend. IMO they’d be setting themselves up for civil action if they raised the dividend then posted bad numbers and a dismal FLS.
Still….good numbers seem to mean nothing these days.
So I decided to take profits on 1275 shares and hold just 300 into earnings.
Hated to do it as I’m a bullish long, but this way, even if the tank it to
$80-
$90 on earnings today, I’m still net positive.
But wishing best to all who have the fortitude to hold and see the numbers.
