Post by
zalmonella on Feb 10, 2022 1:24pm
First world problem
Hard to know what to do - have some cash from LIF sitting around but is ARX the best place for it? Get it today or get it tomorrow - everyone makes compelling arguments. There was a thesis a couple of weeks ago that FFO would be north of $3B this year and with some additional costs reduced, that would make for plenty of room to run. On the other hand, the valuation has gotten a bit rich for some, and it's harder to tell what with 7G now on board what it should be.
OVer the balance of the year it's a good place to park money but I always hate paying a buck more today for something that I could possibly pay less for tomorrow.
Comment by
prested on Feb 10, 2022 1:33pm
When is the best time to buy? Yesterday. When is the best t7ime to sell? Tomorrow. If it were easy everyone would be a millionaire.
Comment by
JoeDev on Feb 10, 2022 1:54pm
I'm in your camp. Like Birchcliff had earnings last night and down today. Despite record cash flow and numbers etc. Always does this after a big run up. 50% from Dec. 12 when it hit 10.20. I got burned on VET last quarter.oaded up the day before earnings,, next day was down over 2 bucks a share despite record earnings. I hold 4 stocks. ARX, VET, CR, BIR. Everyone goes down after earnings.
Comment by
JoeDev on Feb 10, 2022 1:59pm
But the one time I don't buy more, it goes up. Best for me to be patient after this 50% run up for ARX.just enjoy what I got and buy later. But that's just me. And I'm never right.