Yeah it got hit pretty hard on the way down.AMD bounced 17% compared to SPX's 6% in the last 5 days...
I show a forward PE of 13.4, 3.85 (TTM) price/sales, and 16X cashflow. Its at a 5 year low. 3.15% dividend. Not sure how CELG is gonna muck this up though. Although they say it will be immediately accretive to FCF. So... who knows.Bounces is a bear market? Akin to picking nickels off the rail in the face of an oncoming freight train. Is it's whistle blowing? To some I suppose, a sport.
Addicted to random awards, is not rewarding in the long term. The idea is to replicate over and over. View attachment 196430
For those that adhere to fundamentals, Bristol Myers has a PE of 51. Acquistion of Celgene is defensive rather than offensive. Note the all time high and failure.
Advising members now? Maybe you and Maximumsuffering can study for the Series 7 together. I heard he moved his couch to TX.I PM'd another member here this weekend advising them to buy FIVE as I thought it might just do what you are saying. Thing jumped over 6% today, and was green even at the market lows.
FIVE and LULU were the two I had in mind. I want to avoid tech. I still think some of these high flyers are pricey. Nothing that has negative cashflow is worth 15 times sales imo, and all business's mature, not to mention they all have competition pretty much. But... you can't piss in the wind either if upward momentum kicks in.... eventually however fundamentals will determine prices, albeit that can take a long time when stupid money is chasing a return.
Advising members now? Maybe you and Maximumsuffering can study for the Series 7 together. I heard he moved his couch to TX.
LULU is $133 now, FIVE is $116, TEVA $18.Advising members now? Maybe you and Maximumsuffering can study for the Series 7 together. I heard he moved his couch to TX.

