RE:RE:RE:The Big Picture - forecasting the futureesifor wrote: The stock price does not reflect the underlying fundamentals of the company. The company's management has little control over the investor sentiments and emotions. With rise of retail investor access to markets, majority of investment flows to big known names and small caps which are the growth engines are significantly undervalued while large caps have unsustainbale P/Es.
You should look at today as the boxing day sale of this stock!! If you like this company, and you have reviewed the fundamentals and know that there is a solid lower bound, why not use any cash you have at hand to increase your stake and be ready when the rest of the market notices the company and the stock rises?
Warren Buffett has a famous quote about stocks and burgers ... if you are a value investor going long and over time will be buying more, why not be happy that there is a discount in the price?
I predict that somewhere in the next 6 months this stock will have one big jump back to $10 range but it will be very hard to know when exactly. It might be after this earning call, or the next earning call 3-4 months from now.
Even Morningstar has VMD at a fair value of 10.22 USD.