Cash $1876 -$19,573.10 (2.12%) No bottom for ENPH. Maybe the big money knows something about
earnings, which come out on the seventh.
01/25/2023 09:24:14 Bought 3 ENPH @ 208.51 -625.53
01/25/2023 09:31:38 Bought 4 ENPH @ 205.01 -820.04
Now 1422
01/25/2023 10:15:15 Bought 4 ENPH @ 203.01 -812.04
01/25/2023 15:47:54 Sold 3 ENPH @ 209.51 628.52
01/25/2023 15:47:55 Sold 1 ENPH @ 209.51 209.50
Was asked today how low ENPH would go, to which I replied, that I had no idea.
When it $183, I didn't see $118 coming.
When it hit $220, I didn't see $129 coming.
When it hit $324, I didn't see $234 coming.
When it hit $339, I didn't see this coming.
By normal metrics, it has always been overvalued, so a big fall is always possible.
It had a PE of 76 in 2018 when they made a dime for the year.
It has a PE here of 105. If you are looking for safety, this isn't it.
Personally, I would like it to go up so I could sell some to play little stocks.
Otherwise, I don't get excited because my girls will inherit this account, and I
think ENPH has a long runway ahead.
That said, it sure is making it easy for the S&P to kick my butt here. |
