With earnings season slowly winding down, many of your favorite stocks may have already reported quarterly results. But if you own shares of one of the three companies below, prepare yourself for lots of volatility this week.
That's because all three stocks will be reporting earnings, and all three are heavily shorted -- or have lots of investors betting against their short-term success. Surprisingly good results could create a short-squeeze and send shares skyrocketing. But the same is true on the flip side, as disappointing numbers can send them tumbling.
I don't think anyone should try to trade based on this information. Instead, I think it's best to prepare yourself for this volatility ahead of time for current shareholders. Check out the slideshow below if you own shares of Qihoo 360 (QIHU.DL), The Fresh Market (TFM), or Buckle (BKE -0.24%) and find out what's really worth paying attention to.
One tiny company that could destroy the Internet... and beat expectations in early May
One bleeding-edge technology is about to put the World Wide Web to bed. It could make early investors wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism. The Economist is calling it "transformative." but you'll probably just call it "how I made my millions." Don't be too late to the party -- click here for one stock to own when the Web goes dark. The company reported earnings two weeks ago, and it beat estimates for the 15th time in the last 16 quarters.
Sources: Qihoo 360, The Fresh Market, Buckle.
