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Strategies & Market Trends : IPO and Other Stock Plays

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To: antiquites who wrote (12419)5/12/2005 11:43:18 AM
From: yossarian67  Read Replies (1) of 13331
 
well I for one am tired of this market---you just don't really get rewarded, but you do get creamed on a miss...sma with 10-15% topline growth and just blowout earnings back down to 16-17 X's forward earnings...man the rest of this sector continues to trade 20-25 forward earnings with 7-12% expected topline growth...at even the bottom of that range, sma should be a $23+ stock, realistically I feel it should be trading $23-$25 right now....past 3 days they're just nicking all the newer issues again, save morn. hope this isn;t like april where they went after them for 3 weeks straight.
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