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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: hotlinktuna who wrote (10764)8/7/2002 9:53:31 AM
From: Dave Gore  Read Replies (2) of 16631
 
Tuna, what I like about EMBX (was $25+, now $12) is that it has based for days and is slowly gaining strength and confidence.

EPS this year = $1.06
Long term growth = 16%

I just wish people would really DD it. It is very undervalued fundamentally. This generation of traders seems to be overly T/A oriented and even lazy. T/A is crucial, I agree, but so is determining how strong fundamentals are.

Strong fundamentals help to radically reduce downside risk on stocks that have unjustly tanked and determine Fair Market Value. Valuation in this Market is getting much more important again.

EMBX, the company, is hopefully buying back stock each day whenever it dips.
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