RE:What’s all the ranting about????Ghostinthedark wrote: Clearly, it's the bagholders and many retailers who know f--k all about technicals, such as moving average, reading charts, and analyzing a company's fundamentals, such as EPS...
APH is trading at fair value---the 200 day moving average ( the average stock price over 200 days)---is only $5.67.
Furthermore, for a stocks share price to continually move up, investor sentiment must be bullish. Right now---it's my view that SMART money is taking a wait and see approach.
And finanally, investors want to see significant sales increase and earnings growth every quarter.,.
I bought in 2000 shares in early October---$6.00 average, held on, watch the bull run, sold at $8.17...
I was all cash when earnings were announced, because holding during earnings is like playing the slot machine at the casino.
Earnings disappointed----stock tanked 25%----as low as $5.75 on Friday???. I bought in again----1,000 shares.
will add more during next 21/2 months, until next earnings est Jan 12, 2021...
when you'll see another run up to the 12 month high of $8.29..
My advice to all the ranters: Learn candlestick charts----identifying trends, learn techical analysis, especially the moving average; learn the basics of fubdamentals-EPS, debt to equity, price to book.....
Ranting about Irwin is kids play---disgruntled bagholders
You are assuming quite abit . Not everyone enters and exits positions regularly . Some invest from tax free accounts , where you can get into some hot water day trading. Why would you need trading technicals if you are banking on the sector growth and long term potential ? i WIll agree if you are long you should pay attention to company fundamentals ie EPS but
candlesticks and moving averages are for traders not true longs ..
It is a safe bet to say rants about Irwin are from
true longs.
Investors who are in for the long haul and want someone else to man the ship. These are investors who actually care about the long term goals and direction the company is taking. To me
they are the real investors who should have a voice and opinion not someone who plays it like a casino and could care less about the strategy as long as the charts are reading good atm .