While most investors are enjoying the comparative calm on Wall Street as the summer begins, there are three stocks that will likely see wild moves in the week ahead. That's because all three are reporting earnings, and all three have high short interest -- a lot of investors betting against their short-term success.
Historically, when these two forces combine, volatility is almost always the result. If you don't believe me, check out the three stocks I singled out earlier this month, which moved an average of 10% following their respective quarterly reports.
But I don't think you should try to use this information to make a quick buck, because there's no way to know if these swings will be up or down. Instead, current shareholders of Pier One Imports (NYSE:PIR), Smith & Wesson (NASDAQ:AOBC), and Amira Natural Foods (NYSE:ANFI) should focus on the long-term view. Check out the slideshow below to see what I mean.