Should I buy shares of soundhound before the earnings report next Tuesday

**It is not advisable to buy shares of SoundBite Communications Inc. (SDBT) before the earnings report next Tuesday**. Here's why:

1. **Earnings Report Expectations**: The earnings report is expected to be bad, as indicated by the absence of positive earnings estimates and the consensus rating.
2. **Recent Performance**: SoundBite's stock price has experienced volatility, with a recent decline before stabilizing. This volatility could be due to market uncertainty regarding the earnings report.
3. **Market Sentiment**: The overall market sentiment is cautious, with a neutral to negative outlook on SoundBite's stock. This sentiment is likely influenced by the upcoming earnings report.
4. **Company Fundamentals**: SoundBite's financials have shown challenges, including a non-GAAP quarterly loss and a decline in income from continuing operations. These factors could contribute to investor uncertainty.
5. **Strategic Considerations**: The company's strategic moves, such as the repurchase of up to $2.5 million of common stock, may be perceived positively by some investors. However, this should be weighed against the potential risks associated with the earnings report.

Given the potential for negative earnings and the current cautious market sentiment, it is prudent to wait for the earnings report and its implications before making a decision to buy shares in SoundBite Communications Inc.