reasons to short:
- incompetent overpaid so called executives
- tax loss season
- stock market overpriced
reasons to buy:
- extremely cheap, p/e of 7 if you exclude the cash
- they will lower the share count next year dramatically by issuing debt.
- still the best at what they do
- 3.2% dividend which they might increase further
- strong US economy, and the global economy is improving
the stock has bottomed. just like when they increased the dividend to 75 cents and the stock moved lower
personally, I think we are at the bottom right now. the insiders are buying and i've been buying too. the book value is $12.70 and it is trading at $9.97 right now.
in the stock market, things are always way too expensive or way too cheap, and I always made the most money buying or shorting the extremes
I rarely pick the bottom. that is why I buy in stages. I bought at $10.35 and $9.91 and will continue to buy if it drops.
I get paid to wait , I don't need the money, and my portfolio is diversified.
you are absolutely correct. a stock that is cheap could get a lot cheaper, and stay cheap for a very long period of time.
and if I knew what the future holds, I will not be here responding to your message
this dog is cheap by any measure. if charlatan Chambers were to announce his retirement, the stock would jump 20%
does anyone know why?
hmm, the rich said the stock market would collapse, instead s&p moved up 24%
he,he,he not sure who to believe anymore
what would be better for the economy? few so called executives buying expensive houses, or millions of employees buying millions of houses?
until the shareholders are allowed to have a say on what the so called executives are making, nothing will change
I think Cisco is about to sell bonds to retire 20% of the outstanding shares.
if you think Cisco is dirt cheap right now at a p/e of 7, then you will be speechless in less than 3 months
I find that kind of funny. Maybe we need to spend 3 more trillions in Iraq to make sure Sadam didn't have any WMDs
the 4 in Benghazi must have been CEOs
When Bush took office there were surpluses. remember them?!!
when Bush took office the country was 5 trillion in debt. When he left, 11 trillion in debt
an independent party for the WORKING American people.
here should be its agenda:
- no outsourcing
- shareholders to vote on so called executive compensation
- no abortion or gay marriage talk
- you work, you succeed. you are a bum, you get nothing
- during good times, like right now, the government should spend only as much as it receives
- eliminate the debt
over 4000 people died as a result of that vote. Fox news are trying to use the 4 dead in Benghazi against her because they have no room to talk about the 4000 dead in Iraq.
It is time for a new party people. A party for the WORKING American people
if the $17.75 level cannot be defended, and personally i don't think it will, we will see $13-$15 by the end of March
i've been telling you boyz for months now to stay away. once again, stay away if you can help it
has your salary more than quadrupled during the past 10 years? I seriously doubt that. There is a major bubble here and, like Rogers said, it will get scary before it gets better
$1200 is not scary. $500 would be scary
learn from the past and stay away if you can help it