Don't be scared; prepare yourself for the week ahead. Image source: Thewebprincess, via Flickr.
Buckle up, Fools! If you own shares of Pier One Imports (PIR +0.00%), BlackBerry (BBRY +3.94%), or Joy Global (JOY +0.00%), you have a week of wild swings in store. That's because all three of these companies are reporting earnings, and all three have stocks that are heavily shorted. Historically, that's a recipe for volatility.
If you don't believe me, check out the three stocks I last highlighted, which moved an average of 10% following their respective quarterly releases.
But don't be mistaken: I don't think you should try and profit from these short-term moves. There's no telling whether these stocks are headed up or down. Instead, I think that current shareholders should steel themselves for the week ahead by checking out the slideshow below to help separate the short-term noise from the long-term signals.
Image source: Joy Global.
