Too much debt with little or no foreseeable profits in their particular areas. Commodities as a whole are done for a very long time and by the time the cycle returns most likely in the next decade, new leaders will have taken the place of these companies. Sell now and take your loses.
Sentiment: Strong Sell
But....you never know!
Sentiment: Strong Buy
Stay with companies like Home Despot
Its best to sell , take your loses and use them to help ease the taxes of your winners.
Iwas so so wrong about this POS
Take a look at the tape bucko...it seems I am not the only one that see this stock get completely demolished....and I am not short....just waiting to get back in, whenever that may be
That would place the stock around $18-$20.
Not bad...not bad at all. Could see a run in the next couple of weeks back to $40. The Street may believe the worst is over and really start buying. Sure hope so. Take care
Disney's best days are behind them at least in the short to medium term. I'll buy back in a little when it crosses over $100 mark