EXP released positive earnings today. Up 6% in AH. I did some checking into this company.
P/E: 10.38 for EXP - 13.78 for Industry
Qtrly Rev Growth (yoy): 26.9% for EXP - 15% for Industry
Operating Margins: 28.5% for EXP - 16.66% for Industry
It took a major drop quite a few months ago...
I think VLCM would be a good example of the falling knife rebound. It took a significant hit this summer when it released earnings. They missed estimates, although not by much. Then it gradually trended up to come back to the point where it originally was before the large hit. Take a look at...
Doesn't open interest always significantly decline when delivery gets near? Nov contracts stop trading very soon, correct? Since very few futures contracts actually get delivered, it seems normal that the open interest would decline quite a bit through the end of the week.
It's been a large overreaction, in my view.
Based on the results given, Sandisk didn't too terrible. Sure, they weren't the best, but enough to justify a 15% drop? I'm definitely going to try and get in on the rebound.
Not true. Wealth is created, not fixed. The current third world countries have frankly always sucked (with a few rare exceptions). I can't feel bad for being better off than others. If anything, it makes me more grateful for what I do have.
Most third world countries are also seeing...
I'm a generally happy guy. The world is a much better place than 100 years ago.
We have life so easy that we are overly critical of any blemish to it. You're worried about expensive oil? You shouldn't be. Check to see how significantly it has affected your life.
Bird Flu? Compare that...
Hadn't all the Aramanth leftovers been dished out for a few weeks? It doesn't seem like anything new has happened.
My guess is that it's either a chain reaction of shorts covering or a realization of how the nat gas futures have been oversold.
I'd expect a correction up another dollar...