I bought MOT last year and sold a bit later for decent gain. I will need to re-evaluate.
You Betchaquote:
Originally posted by Pablo:
That fund is Canadian, eh?
P,
I'm doing the same thing, Amkeer. Bought some blue chips that look very oversold on the charts, hoping to squeeze a few bucks out of them on a bounce.....quote:
Can someone explain to me why I got in long today?
It ain't funny, man! I just went from +11.13% to -1.7%.....in only 3 daysquote:
Originally posted by Amkeer:
At least you made a profit. I got stopped out. for a loss then rebought it again higher than I got stopped at.quote:
Originally posted by Amkeer:
Pretty weird trading day. I sold and took profits in CMGI then turn around and bought back at my original entry price.
quote:
At $37.88, Sony (SNE) tades at about 30% of its all-time high, leaving lots of upside for contrarians.
And its price/sales ratio of 0.49 is incredibly cheap compared to the Audio-and-Video-Equipment-Industry average of 4.71. This is good news for value investors.
Its debt/equity ratio of 0.507 shows that it's well financed.
I believe that, because of Sony's valuations and good finances, the probability of its stock doubling in 3 to 5 years is high.