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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Graham Osborn who wrote (61091)	7/23/2018 2:50:39 PM
From: E_K_S	Respond to of 78958

Nothing wrong w/ booking a profit. I took my PDCO profit and I was willing to wait 18 months not 18 days. The market tends to correct faster on all news and higher/lower expectations (may be due to AI bots). I still think many times it takes time for value to be seen (price discovery difficult on penny stocks) but on the larger cap stocks (Like GOOG, FB & AMZN) they tend to adjust quickly. Nice job on GOOG and 30x earnings is ok, as long as the EPS growth rates continue. This may/could be easier on those GARP stocks w/ smaller market caps say just over $1Billion. I do want positive free cash flow and earnings nice too (hard to find w/ these small caps). IIN meets both of these but now at $50/share way extended. I hold my shares that I bought @$18.45/share 2/28/2018 and even there, had to hold my nose as past earnings just positive but 2018 earnings $0.50/share (double from prior year). 2019 earnings show a 56% growth rate. So it's all about earnings & EPS growth. A very difficult value metric to forcast correctly (reversion to the mean is easiest). IIN has no reversion as it is all 'blue-sky'. Good Investing EKS