"negative short-term reaction to the earnings report"
look at the P/E and tell about what is to be simply short term. negative - yes. short term - no.
bombs away... lol.
Sentiment: Strong Sell
thx for your thoughts. i appreciate it. however, altho an investor by nature i only invest in income stocks with high yield (such as BDC's). i trade other stocks such as TNK and hold short term and am right as much as i'm wrong. overall i am way ahead but lately my moves haven't panned out too well, i.e., TNK. the latest bungle was buying big into HD, seeing them beat expectations and income, seeing high volume and then watching them take a 1.5% loss after their ER and CC. sometimes you just can't win for winning. lol. took out 50% of HD and bought into banking sector with GS and USB with expectations of Janet Yellen and Fed announcement come this Friday. i trade about 30% of my stock portfolio.
IMO, you are wise to diverse among 30 positions. i just couldn't follow them as closely as i should and so hold only 10. my largest was 21 positions but sold some off to put down on a real estate deal (fortunately that looks good).
Ben Graham? will see if the local library has it.
when you have a good earnings report, the market is flat, and an equity tanks... adios. typically a sign that PPS is topped out and it would take a big catalyst (such as a buyback announcement or increase to dividend) to move the shareprice. analysts see that and institutional investors sell hard. that's the case with HD. very disappointing. the yield is pedestrian and not enough incentive to hold HD. will buy into banking sector (GS, C, USB) with expectation Friday of Fed announcement.
HD is a POSition.
Sentiment: Strong Sell
i understand pb. however, this is a speculative short term investment for me. TNK beta at 2.3 and historical volatility at 49.5%. that's too high for this fairly risk adverse investor. yield is ok at about 2% but i do much better elsewhere.
i really blew it by dumping too early but fortunately made up for some of that with HD (which i expect to see good ER tomorrow). still, i was wrong too much too fast after initial ER. i saw one poster here who said he often sees equities in this sector bounce back a day or 2 after ER. he was spot on.
congrats on the moola you've made here. my hat's off to you and kosmic.
well, i just bought back in. had liquidated at 6.31 and bought back in at 5.02 looking for a bounce. seeing one but am a little late to the party...
one of my worst moves selling at $6.02 after earnings rept. only to watch a big run up. kosmic was right, i was wrong. dead wrong.
bought back in earlier at 6.7173 PPS. hoping for a sustained bounce. a speculative position for me. will give it a month.
yes, i believe earnings will boost the PPS. i expect an earnings beat. however, i don't think we will see $5. will be satisfied with $2.
yeah, recent performance is lackluster and disappointing. it is all about future guidance as yield is pedestrian at best. will hold thru the ER and then liquidate.
a disappointing equity. will hold thru earnings release and liquidate position. the yield is pedestrian at best and not worth being patient.
money in TTC is dead money.
DJI up 1.06% and Nasdaq up 1.39% today while PLOW up a meager .28%. horrible. now have less than $10k here and will not ever reinvest in PLOW again. will sell the remnants in my Roth at any kind of a decent bounce to share price. ever since Janik's poor presentation on last 2 earnings calls, the PPS has dropped and stayed down. do not expect to see it recover.
i reiterate, Janik needs to be counseled, and coached, for speech skills. it isn't just what is said but how it's said. he simply must make the transition from a CEO of a privately held corporation to a CEO of a publicly held company.
Janik left shareholders uncertain on future guidance. he actually said performance would be tough to repeat. bad statement. if true, you want to sell. if he's hedging, you can't believe him and again, you want to sell.
too bad. a good company but not a good investment. the yield does not make up for capital loss and cost of missed opportunities.
that just tells me that you should have sold then but instead incurred a drop of 25% since last ER.
i see by your posts that you like do a lot of name calling. an internet tough guy, huh? maybe an internet bully? you handle rather shows a lack of intellect and your posts confirm that. oh, i see you are only a Yahoo Finance member for 7 months or do you periodically assume a new identity?
you're simply a big mouth baffoon.