Post by
zalmonella on Apr 14, 2022 11:16am
Wrong direction
Geez, I see the QTrade progrma I use has now reset the fundamentals in light of the annuals, I'm sure. P/CF is 25, P/B is 6.5, P/E 23 - this is still overvalued by about 50% on any metric! I didn't buy much at $50 but it's disappointing to look forward to $25 instead of $75.
Comment by
willyk3 on Apr 14, 2022 12:59pm
Are we headed for recession? The market just hates these techs.. maye justifiably..but I remember thinking the same thoughts as I watched Intertape get chopped in half.. Kept thinking noooo ..not yet and then boom the stock almost doubled on the takeout Shoulda bought but I was trynig to be too cute.. Whenever I look at ENG i get the feeling its the same sort of situation