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Atmel Corporation Message Board

  • woolsey1962 woolsey1962 Feb 6, 2014 3:21 PM Flag

    Forward P/E of 10.... thats a pretty good number

    You notice that alot of shares are trading hands... there are as many buyers as sellers (obviously DUH!) just saying that there is plenty of buyers taking advantage of the price drop... I still wnoder if this would have taken a beating if not for the market sentiment.....

    Sentiment: Hold

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    • davesilb@smt-net.com davesilb Feb 6, 2014 3:40 PM Flag

      Don't think that means anything. Could be the big sellers just taking their time to get out so as not to #$%$ market. I have seen this before, a big drop and then a slow come back same day only to drop again the next day. Only time will tell.

    • The forward p/e is for 2015. There are not necessarily as many buyers as sellers because, for example, one can sell 10000 shares to 10 buyers each buying 1000 shares. The stock is down, for a good reason, in an up- market today.

 
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