I’ve read Yahoo board for years but never posted. I’ve traded and invested in stocks for 20 years.
I have been warned about personal attacks on message boards for giving an opinion and my rule starting out is I do not do personal attack towards anyone and will place a personal attacker on ignore.
I’m here because I’ve been in and out of this company for years and would like to hear from some long time holders of the company stock their thoughts on revenue out two to three years once economic conditions have made the turn and items from this company will be needed. I am aware of the competition out there but some thoughts from long time holders would be nice no matter if you have even gone short the stock before or not.
It’s my opinion that once the economy improves, the selling of cars and other things requiring products from this company will increase a lot which long term would send the stock price back up several many percentage points but that is not this year. What are your thoughts on that possibility?
In other words, what price do you think this stock will be two or three years from now rather than shorter term for higher prices and how low do you believe this stock will go before the turnaround. I see a gap forming and a pullback needed soon. Am I correct about this?
I’m looking at several other stocks such as CAT, RIMM, AAPL and even CLWR, AMD to name a few for this post but am looking at many others mostly with low or no debt, cash on hand, trading at or below book or cash per share with expected future revenue to increase with low P/E etc. Any thoughts on those would be well appreciated too.
Thanks and God bless for your kind and informative responses.
Just continue to do what you're doing. This is a cylical stock. When it gets close to $8, buy. Sell it when there is any downward pressure. Europe is still in trouble, though airplane and car sales are still high. I don't think I would hold it real long term at all. The world economy is too crazy for that. After buying at $8.14, I will hold it until some bad eco news hits and sell like I always do, than buy again.