Post by
Bookworm28 on Oct 04, 2021 10:06am
Great Buying Opportunity?
The economy is rebounding, so 10 year treasury yields have room to move up. I'm thinking it makes sense to buy on these pullbacks. No? It's the opposite of a pullback because there are clouds of doom and gloom on the horizon.
Comment by
Bookworm28 on Oct 04, 2021 11:14am
Down 8% Is this the end of the party?
Comment by
RusticHit on Oct 04, 2021 11:21am
Every one thought this is cheap on Multiples and not much Fluff in the price at 12,ss like othe rtech stocks but this one dropped more than any other Junk stock ,even with todays news she is dropping most ,,,,not looking good
Comment by
Bookworm28 on Oct 04, 2021 12:13pm
I suppose (or hope) that it's simply a combination of fear and profit taking, as there are a lot of long time shareholders who got in at lower prices.... and, today's selloff in the market.
Comment by
retiredcf on Oct 04, 2021 12:16pm
Once again nothing specific to CTS. Nervous investors and the NASDAQ (which pretty much determines how tech stocks will do) is down 320 points. GLTA