value, it seems that you and only a few others understand this news-everyone else is dumping because they do not understand and are in panic mode. If you are correct, this makes for an excellent buying opportunity.
Do you even know why this is tanking? http://www.streetinsider.com/Analyst+Comments/Broadcaster+Stocks+Tumble+as+Aereo-Related+Fears+Ripen+%28NXST%29+%28LIN%29+%28SBGI%29+%28GTN%29/9058811.html?si_client=st
They could come out with more m and a news so perhaps not a bad entry here.
Over the last 7 days yahoo finance shows analysts drastically lowering earnings estimates for this and next year so why is the stock price going up? Thanks for any insight.
Kcg makes money from people buying and selling stocks so womdering if a market correction would be a negative on their earnings. Also why does stock sell for only abou 12 when it has such large eps?
Unless I am mistaken the ceo did well with the previous co he was with but is there anything of substance here in terms of a product that will see big demand?
And another question for you: I notice that management has been selling a lot of shares through the month of Dec. (have yet to look at insider sales for previous month). Is this not concerning? Thanks.
I will post on the ETM board so perhaps you can answer there why you are high on a company that only owns radio stations. Thanks.
You do not need to know what a technical indicator is because you understand intrinsic value of company stocks. You have done very well over the years with your method of stock selection so you obviously know what you are doing. I will dd LEE and ETM.
All the best for 2014.
I have been researching DRD last few days since you mentioned the stock. I think they could do well going forward but it will depend on whether the co. can work out the kinks in new technology that they have implemented. I have listened to interviews with the CEO, explaining the technology and have also read the analysis from S African investment services. By the sounds of what management has been saying, last qrtr should be viewed as an outlier, in terms of technology hurdles faced and resulting poor earnings.
From a TA perspective it would scare me to enter after this latest run as all TA indicators are in the overbought territory. But from a fundamental point of view, you know more than most so thanks for providing us with some insight as to why you think this could still triple.
Now I see it was not MEG after all that was your top pick but roiak- you think this could triple if management does not screw up.
My mistake. I see you have MEG as your top pick. What is your 2014 price target and do you think there are decent gains to be made in other broadcasters? I know you said you will hold GTN forever but it seems to be close to fair value at these levels, according to those in the know.
Value, what is your top pick? It is impossible to determine the specific stock that each post applies to when clicking on the name of the poster. Hate these lousy yahoo boards. Thanks and have a great 2014.
Thanks for reminding me about GGB. I owned it years back.SID another brazilian steel stock that should also continue to do well. Both have done well over the last yr as business is booming in Brazil due to the infrastructure contracts related to the Olympics and World Cup.