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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


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

Recommended By
The Ox

  Respond to of 6274
 
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.



To: The Ox who wrote (4616)11/3/2017 9:55:04 AM
From: richardred  Read Replies (2) | Respond to of 6274
 
FWIW- I was ready early this morning and picked some up at 8.28. Earnings weren't as bad as I expected. I knew some would dump early. Maybe the bots. <g>