Buckle up, Fools! If you own shares of Pier One Imports (NYSE:PIR), BlackBerry (NYSE:BB), or Joy Global (NYSE:JOY), 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.
Brian Stoffel has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.