It doesn't matter if it's the right position to have. At this point a bail in may be in the future of DB,HSBC, Credit Suisse etc... It the unknown of the Chinese debt and wether or not it will fail on a large enough scale to to create payments on CDS' that total 20X the German GDP. They can never pay those policies off and that will bankrupt them. That's the fear. Be very careful. This could be Europes turn to pull the world down like the US did in 2008. They every fixed the wounds from then. Just band aided it. Central banks have created a very fragil system that could implode fast
The low prices artificially created by Saudis are hurting everyone large and small. The move now is to buy 3x oil ETF UWTI if it hits $25 bbl. then sit tight for rebound. Oil companies will have bad reports until we see 6 months of stabilization in price per bbl. then the year over year EPS comparisons and the fear of divi cuts and bankruptcies will be behind us and companies with no or low debt like EPM and SYRG will be the play along with big oil
after this earnings report that P/E will rise. The P/E ratio should be lower then the growth rate of future earnings to reflect value. in this case growth of EPS is negative so the P/E is useless right now
The presentation was very positive. They said China business was actually picking up.We just need to get through this market turmoil. Looks like the smaller caps may be coming to the end of their correction.
will dollar cost Avg. if it slides more. i believe as others here do that it it is a safe haven for cash with a nice upside when deal closes. Interesting to see there aren't any $8 or $9 options available after August which tells me big money believes this deal will go through in late 2016 as stated by WBA
i believe it is but during the latest conference call they would not give any forward guidance. Even after being prodded several times by analysts. so I do believe that is what is effecting the PPS right now.