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DXP Enterprises, Inc. Message Board

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  • swerd96 swerd96 Jul 22, 2005 1:02 PM Flag

    Ya know what

    I'm with you Mom. This stock is extremely undervalued.

    If DXP were to trade at the industry average for oil services, it would have a ps ratio of 2.21, and a stock price of 90.24.

    The reason this stock is going sideways is because the mm's want to accumulate, while creating doubt in your trader minds as to the future potential of DXP. I would suggest you worry-worts sell. When the stock begins to climb to 20 - 25 in a few will be you and those short who will provide the fuel.

    DXPE was a value stock trading at a value price. Now, it's a "growth" stock trading at a value price. It doesn't get any better than that. A true buying opportunity.

    When DXP announces their 3Q 05' ER next Oct 05', I expect .31 diluted eps, and the stock will be well on it's way with flirting with 30.00. (Expect 25 - 30 prior to the 3Q 05 ER)By Dec 05' we will be looking at a 36.00 stock, and by Mar 06', a 42.00 stock. I say...pick your spots and stick with it.

    Buy, hold and get-rich is my strategy for DXPE.

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