Post by
gibbonsj on May 31, 2024 12:22pm
Russell cuts both ways
If the Russell is in favor at the time good news is released you can expect three or four days of 6% to 10% growth in share price but if it's out of favor at the time then nothing. Perhaps one day of 6% or so then back to usual. The only way to play this if you are a long is to apply time and wait it out the 2026 and 2027. That's when you'll see healthy growth in eps perhaps as high as a $1.70 / share. Imho.
Comment by
westcoastlogger on Jun 01, 2024 8:43am
And we always have the chance of being bought out at this little gem. I'm perfectly positioned to capitalize heavily on that possibility, but nevertheless I'm long. A year or three to me is peanuts and if the buyout happens I'll have a big horse laugh at the nabobs that sold out and headed for the hills like a scalded cat. Good luck to only the PHM(VMD,QIPT) longs.