Hello everyone, as the title implies I would appreciate any insight regarding footlockers upcoming earnings call on the 23rd of this month. I made some regrettable decisions after the last FL earnings in May and purchased significantly more FL stock than I should, have which ive now averaged down to $27.63 per share. Currently am down 8.22% on the stock as the FL price as of market closing Friday is $25.36. At this point I am happy just to break even, or even sell at a minor loss (say 3% loss). What my question is that has been leaving me with much contemplation lately is, should I sell before earnings or wait for earnings and hope for the best? I know that no one can predict the future, I am just wondering if anyone can weigh in on insights regarding the likely outcome of FL earnings later this month. I know they have been struggling lately it seems as they closed a bunch of stores among other issues, so leaves me wondering if I should sell before earnings if I get close enough to breaking even for my satisfaction or if there's a likelihood the stock will pump following the earnings annoucement.
I am looking forward to putting this stock behind me as since buying it I have learned risk management techniques and vowed to not make the same mistakes of large volume purchases at one time again so no need to rip on me for buying this fuckup company (lol).
Thank you very much to anyone that weighs in on discussion be it in a big or small way.
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