Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy who wrote (69825)	2/26/2022 2:21:25 PM
From: petal	Read Replies (1) of 78918

The catch is that there are no normal earnings, no? As in normal earnings = non-existing/negative earnings. It has always seemed to me that one wants to buy oil co.'s mainly when they are taking especially large losses. (I.e. on a P/B basis – when it's trading especially cheap relative to (tangible) book – instead of P/E (will usually have negative such.)) When they are especially bombed out. But now I think of the manic bull market in oil before GFC, and think that maybe the setup is right for a similar bull move now? Anyway, the downside seems somewhat limited, and upside reasonably likely – seems like this could be "trending value"? Maybe you want to buy steel co.'s like you supposedly should commodities themselves – 'riding the trend'. Also, would like to own US Steel during some point in my life. Won't become a big position right now though.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next