Dropbox - ahead of earnings tonight (calls, stock, sell, work)

[motterpaul]

The stock has been going up all day - and CNBC just announced they will be talking to the CEO after the earnings come out today. Would they do that if he had bad news? Unlikely...

Not saying it is a sure thing - he could just have neutral news - but the stock is up over 9% already today alone.

I have been in calls all day and I am holding into the call. Not recommending, just saying. I got lucky on Roku.

[motterpaul]

An update - even though the stock was up all day, I took profits at about 3:55 when it started to sell off. Good thing I did - the stock went down after hours. I was still in 5 calls which I bought for less money, but I will lose all that money.

What changed my mind was some posts on Reddit by people who work in the cloud for Microsoft - who explained DBX can't get many more users.

For the record: DBX "blew out" their earnings, but the stock still sold off.

[BeerGeek40]

motterpaul I enjoy your postings -- welcome to the city-data 'traders' club, LOL