GREY:SXRZF - Post by User
Comment by
LouEon Feb 09, 2011 7:26pm
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Post# 18105855
RE: RE: BUY B UY BUY...\LouE
RE: RE: BUY B UY BUY...\LouEI just don't see the stock price supporting uuu worth 6 billion dollars when all is considered. The next earnings will help us move forward, but it is trading above expectations for the next earnings, and even if the stock surprises...I expect a case of going down on good news. Since a ton of speculation on future earnings is in place.
the companys net worth was 1.5 billion a year ago...6.2 billion now is a bit steep.
stocks move between overbought and oversold......so just where do you think oversold is?? surely much south of 6.37 (we did pull 1.07 a share off that allready too)...so like 7.42ish
(and peaked at 8.19...real steep for feb 2011)
I just don't think it is possible for market setiment to change this fast...change sure...I expect it..but going from 11pe to 30pe in a few months is too fast to make market sense....thus the momentum...vs. reality. and now the drop back to reality. A minor setback compared to 420% in 12 months right.
hang tight long.....or wait to reload. if you daytrade this 90% will be left holding the bag...due to bad timing in and out.
no doubt v-rod is allready experiencing bad timing...and cutting into the profits vs. just holding from jan 1rst.
(the insiders are not buying.....thet will be soon though)