Macys (M) might be a long, volatility is telling
Updated
First off, RISKY. Secondly, obviously in a downwards spiral. But it seems that earnings seem to be overstated (and the time in between). So this begs the question. Will this go up before earnings or on earnings? Id think yes. So I might be looking to open an order up after I check the right trade to get into. it MUST be a small position. Because this is obviously going down in the long run. BUT missing earnings doesn't seem to be the factor that decides if this gains or loses. (luckily) Check 11/10/16 missed earnings for any proof.
Note
DEFINITELY NOT a long. LOL. I didn't invest so im ok. But I shouldve updated this because I became bearish closer to earnings. I didn't take a bite though.
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