Re: "If KO falls to a reasonable PE it will fall to 10-15." - From your lips to Gods ears, as I already own all of the puts that I should on that one. <g>
I've wagered that it'll get cut in approximately half in the next few months, and if so I'll be very happy. If it goes to 10-15, I'll be doing the PeeWee Herman dance. <vbg>
(And no, not the little manual dance he did in the porno theater. Get your minds out of the gutter. Hell, if it went to 10 I wouldn't feel the need, as the numerical digits alone would give me a financial orgasm! <VBG> )
Saying that KO ain't going to 15 anytime soon, but hoping to eat my words,
S
PS. Don't forget that KO is a company that actually makes a profit and pays dividends, which should tend to put something of a floor under the stock price. Unless the dividend gets axed, of course. But please do remember that:
It does have actual earnings, not EBIDTA bullshit. It does pay actual dividends, not "1 trillion eyeballs served" bullshit. It is not hugely in debt or have many customers who are hugely in debt (other than the average American <g> ), unlike nearly every telecom.
So again, I do not seriously believe that 10-15 is anywhere within the realm of possibility (short of a BK), but would love for history to prove me wrong. |