Post by
Donald0460 on Jul 18, 2022 10:43am
IVN fundamentals
...nothing really has changed for IVN, so the main risks (inflation, interest rates, Ukraine and China's 0 covid policy will continue to have material bearing); so whatever happens to IVNs stock is not in any way related to fundamental factors or a different assessment by IN's institutional investors; it is just a few people playing around with the stock price to make some quick money on the ups and downs. Though one fundamental factor might change on July 21/22 in case the Russian government decides to shut down gas supplies to Europe.....But that is a guessing game. So, stay away from trading (unless you are forced to sell), ...you will just get played. Long term: this is a great company where the current share price does not reflect the potential (but at this stage: potentials do not matter short or mid-term !!).
Comment by
Cobalt on Jul 18, 2022 11:00am
127 P/E or i can grab CS or CMMC at 5 PE LOL
Comment by
cashtango00 on Jul 18, 2022 1:05pm
investing based on trailing P/e seems like a great idea.......do it!
Comment by
bloomfield18 on Jul 19, 2022 10:42am
Don, You left out the most important factor: the price of commodities. Copper price has plunged and other metals have fallen precipitously. On the other hand fuel costs have soared.
Comment by
alvarez2 on Jul 19, 2022 9:17pm
My buddy Bloomer's back. Lol Did you load up $12 after you bailed about 2 yrs ago at $3.50 during the covid scare .
Comment by
bloomfield18 on Jul 20, 2022 5:43pm
Alvarez, I never said IVN was going down. Maybe it will, maybe not. I said the reason it's gone down recently is because of declining metals prices, especially copper, which should be fairly obvious. That's it; nothing more intended or implied. This was in response to another poster who left metal pricing off his list. Take it easy and enjoy the summer.
Comment by
retool on Jul 20, 2022 6:18pm
Welcome back, Bloomfield. I for one enjoy all IVN related comments, from your temperate ones to Tops' optimistic and entertaining ones.
Comment by
cashworx on Jul 21, 2022 1:25am
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