I had a bright idea today. Intuitive Surgical (ISRG) was going to report earnings tonight With the preannouncement, shares were already down and conventional wisdom would be that earnings might not be that bad as everybody thinks. I thought that actual earnings would be even worse. So I sold part of my position into a slight pop-up today.
I was right. Something is going wrong at the company. Now, it's not unusual for shares of this company to fluctuate wildly. And I made serious money on it already. I'm planning to do some extra research and decide "hold it or fold it".
Disclosure: I am long ISRG.
Additional disclosure: Positions can change any time.