RE:RE:RE:RE:Ross Healy: BMO entry point $103., not nowTrapped wrote: Short-term, it's anyone's guess. Long-term, never bet against any company that operates within a constitutional monopoly.
1condor wrote: An ugly earnings report combined with a potentially ugly couple months on the way for the general markets could easily get this stock down to 103. Ross may be too optimistic.
That's how bagholders talk.
What they seem to be missing is that trailing P/E metrics are out the window.
Higher risk, lesser reward means downgrades.
12x PE targets may see 10x or 8x, even lower during recession.
Enjoy