mike-
>WDC at a PSR of 0.87 and a PRR of 22 still has a
>way to go to meet the criteria for a Super Stock.
i think that all depends. i bought in at 27, last may. at one point, several weeks ago :( the stock was in the low 50's, nearly doubling in under six months. of course, it has taken a dive (bought more today at 38) but still up 40% in a short period. if it can triple in the next 2 and a half years, it would, _by definition_, be a super stock.
as an avid follower of fishers approach, it was primarily psr that attracted me to wdc, and why i continue to hold it. read an interesting quote recently - "thinking doesnt make money. sitting makes money." that has been my experience. find a good value with psr, peg, etc, and hold on.
regards,
kris |
