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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (25952)	5/30/2025 5:27:08 PM
From: Rarebird	Respond to of 26251

TEN is a Greek tanker stock that is selling at 5 times forward earnings with a 9% dividend. When a stock is trading this cheap, first thing I look at is the earnings to see if it is a value trap. Nope. Last three earnings were small beats. Nothing great, but earnings were fine, no misses. The Market had MCY for dead trading at 6 times earnings with wildfires raging in CA when I went long 4-5 months ago. Now its up almost 50%. When I see a stock cut in half, I look for higher lows and very negative sentiment, with shorts calling for bankruptcy and continued declines.