According to yahoo it looks like big losses in earnings are expected for the next two qtr and flat for this year. How reliable is this info and should I base my dd on this forcast? What would be a good entry point now that this stock has had a nice run? I was thinking of buying at 35-36 on a pullback. Or should I wait to see next qtr earnings before purchase? I'm no expert on this co so will you please help me out.
imho every stock has had a great run since Mar 9 question is just dips, or dive look at divi history book value to me, an investment (long term), not a trade (in and out) I'm lucky, in at 26, so a biased view (sorry) Z
I want to be long term also. Do you think these earnings forcast on yahoo are going to be anywhere close to reality? I don't see why they would suffer a loss in earnings as the tanker rates aren't that bad. The way the pps has come recently I would presume most investors don't beleive it either.