DO,
I may be a country-boy from NYC, but FRNT now has a PE of 6
and seems oversold. This looks like a nice entry point for a well-run, small market niche airline, ala Southwest (LUV).
It is still falling, but I am tracking and will shortly start accumulating near this level for a LT hold. Any thoughts?
First post to this great thread.
These kinds of picks are what deliver 30%+ returns over and over. PG last July went from 50+ to 80_+ in 4 months, recently JCI CC DOW FDO ANF exhibited similar gains if you found them when the crowd freaked out and asked yourself what the heck is going on with these solid companies that are being killed?. Another recent example is SGP. Now that the selling mania has subsided, its worth a look also:
stockcharts.com[l,a]dfclyymy[pc5!c20!c200][vc60][iUh39,1!La12,26,9!Lg]
These large caps can build wealth if bought when the idiots have thrown in the towel and all you have to do is wait for the crowd to come back around. (Which usually 1-3 months). No one ever seems to talk about this type of trading. Its either day trades, swing trades or LTB&H.
I'm not saying its easy as some co's like CC can regress quickly but it traded at a pe of 7 when it hit 8.87 not too long ago in Dec, it went to 18 but anyone owning it and in tune with the volatile retail sector would have managed this trade to a significant profit.
The zone between day trading and LTB&H offers significant opportunities and I am glad you have opened up the potential to investigate these picks more.
Personnaly, I've been day trading only and going flat every day. I have missed a bunch of potentially good trades, but I sleep like a baby.
Now that fear is gripping the entire market I am trying to open up my trading style to new opportunities.
The primary authors on this thread have provided clear spinless, objective insights that help me a lot - Thanks & keep it up!
Cheers,
Jim |
