yeah yeah yeah Sonny. All of my stock purchases have been winners, too. You're boring me.
Like I said, I shouldn't have expected more.
It's took you that long to reply to my initial post, and this is still the best you can come up with? I guess I shouldn't be surprised since the best you can come up with for a name is one that had already been selected 1242 times.
You out yourself as a neophyte by the use of some terms that are used by a teacher writing on a blackboard, but are just not used in common parlance by experienced investors or traders.
If you were polite and respectful to the people on this board, then I might be willing to tell you something about how the real world works. But you think you know it all, so I'll just let you find out.
Because I'm a nice guy, though, I'll give you a couple hints:
1) You're not smarter than those guys with degrees from fancy schools who work on Wall street. (But that doesn't mean they aren't wrong. Alot.)
2) Different industries do trade at different multiples. Why? You go find out.
Listen Sonny, as Gary observed, you have the understanding level consistent with "Finance 101" at a community college, but that's it. PERIOD!
Go back and take Finance 102 because there's still lots more to learn.
The question asked is whether the dividend will be cut. How does that answer it?
I have to assume you are troll. Have fun in your basement, and continue dreaming about what a girl might smell like.
If you don't know, just don't answer. The important question is the ability to pay the dividend and maintain sufficient operating cash, not the yield.
Austin, do you walk through a casino looking for a roulette wheel that has hit black 10 times in a row and then bed red because "what are the odds?" Casinos get rich off guys like you!
Although stock price movements are not quite as random as a roulette ball, the mere fact that a stock price has gone up 5 days in a row does not mean that it's overbought. One could just as easily argue that the market is revaluing the company, that the momentum players are buying in, that the overall market is going up, etc.
Nothin's happened yet, and it's Monday.
Guess you don't have to worry about always having to trust the voice anymore since now it's been proven wrong (although I still hope ERX will soar today.)
I still lurk occasionally, mainly because I'm so rarely proven correct. Is anyone else still around from before the turn of the century?
Iforgottoshave, gnawk, kcinvestor, KSIC, otislong, haberdasher2000, poorman911, (dare I dream - y2kglory), and others - are any of you guys still around to share a virtual cocktail for old time's sake before the board gets shut down?
Cheers! We had some good times.
You should stop making predictions. No one minds an optimist, but you said "count on it"; as an act of contrition you should now admit that your predictions have no value.
Gotta say I agree with you on this one, sammy. Now that some of the better posters are starting to reply to the trolls, this board is no longer worth my time. For anyone who wants to flame me, you can look and see I posted that the fed would be under pressure not to increase interest rates 4 days before the newbies at the Wall Street Journal breathlessly published it.