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id bet on picking up shares a few days before this event, to sell the next day, even if only to make 3-5 %. just with e3 most VG companies see a small rise just before, and trickle back down for a few days afterwards; however, if they can't stay in the black for the 4th quarter, o boy, if you short the stock just before the announcement; you may be in for some huge gains in 1 day, then turn around and buy em to ride the wave back up. its simple daytrading rules imo.