RE:Black Swan Eventoilerman Your comments are way off. If you bought this stock from 2016 on you are likely under water. If it takes more than 6 years to make money, you have picked the wrong pony. Even at todays price the stock only yields 4.7% and that is after dropping 50% from its recent share price. There are LOTS of stocks with that yield and far better capital appreciation over the [past 5 or 6 years. Do whatever you like but it isn't riight to try and sell Fairy Dust as the rational.
Anyone that thinks PKI will post a 600 million EBITA number for Q4 is also clearly wrong. That is nearly double their best performance ever and there is no information of any kind being provided that would warrant guidance at that level for this quarter. Buy, short, hold, do what you like, but at least do it on real information, not made up stuff.
oilerman77 wrote: Read the analyst call and make your own assessment. Ask any dealer what it is like have full tanks on a decreasing market.In this case the secenario si multiplied substantially.
Remember a lot of shares were purchased today for a major discount.
This has never been a day trade equity, but a long term yield hold .
Good luck to both sides.