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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: rogermci® who wrote (9795)5/13/2020 8:35:03 PM
From: Kirk ©  Respond to of 26408
 
If it can deliver that sort of earnings growth.... it has a long way to run.

It is usually bullish when companies being acquired insist on shares while also bullish that the acquiring company prefers debt to pay cash. We Finisar shareholders got a mix. I took the mix figuring the shares gave me a foothold then when the stock went down, as almost always happens, I started using my cash to get more shares at a better price. COVID-19 gave an additional gift. I've only sold some of my C19 shares after more than a 50% gain in a short period..Weeks??? Pigs get slaughtered I try to remember.

Analysts listed on Yahoo! are still smoking crack... they show 87% growth between this year and next, which starts soon..... yet only 9.2% per year 5-yr growth.... like they expect earnings to fall after FY2021!