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Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.740+0.7%May 17 4:00 PM EDT

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To: The Ox who wrote (4616)11/2/2017 12:16:40 PM
From: richardred1 Recommendation

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The Ox

   of 6272
I could be wrong. However I'm figuring even if the company can earn a buck next year. FWIW-If my worst case guesstimate is right? A PE 8 or 9 times forward earnings with a 2%+ covered dividend isn't to bad for myself moving forward. Especially in current market conditions. Some story stocks like IMPINJ and Tesla are taking some hits today. IMO if and when the market does correct. Low PE stocks will take a hit, but not as hard as story stocks and ones that have unrealized gains. RE-High PE's & momentum run ups.
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