This is becoming more and more like the Emperor has no clothes. TAM is selling at $14 ps and at a 20 multiple that is $.70 a share in earnings. ROST sells at 18 pe and TJX at 20 after years and years of growing and both also pay a 1% divi. The pps can go any where it wants to on spec, but this is not hi tech or bio or some Elmo, ultimately, they will have to earn $. Let's when and if that happens.
First and foremost, I am not against you. I love it when people make money in the market, myself included. However, the fact that you made money while TUES didn't proves, what?
And that's my point the price of the stock has nothing to do with reality. And that reality is they need to make money to justify this rapid rise in the stock. and neither you nor any one else can do that, can you?
Sorraboutthat,, I sell them and ROST and TJX and TAM is how we refer to them in the office.
Fact is they are not in the same class as the latter two and there selling at 20 a non existent $..70 a share pd is not real, This is noting but a pure and simple spec at this price.I don't believe they can turn it around and the higher it goes the better b/c the harder it will fall.
Nobody here has refuted that at all. Cash registers and all the same old players that don't now squat about off pricing will help them, Now if they could hire Carol or Mike I wouldn't say that but these guys from Micahelss and Target now way. Gone in 2 and i am taking all the action you go.