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Posted On: 01/05/2017 11:25:02 AM
Post# of 75075
Re: Roger Wilco #29147
There are two types of news when it comes to stocks. One type is suggestive or indicative; the other is conclusive. A deal is suggestive; financials are conclusive. I believe we're going to have to wait to see strong quarterly sales before this stock's PPS starts to climb seriously. Everything short of that, including news as big as the Chinese deal, will be taken with a grain of salt. It doesn't mean anything until it means something, right? It will start to mean something when finalized. It will start to mean a LOT when sales figures come in for China, and they're strong.
I believe the next financial report comes out in a couple of months or so. Until then, we're in the land of buying opportunity.
I believe the next financial report comes out in a couple of months or so. Until then, we're in the land of buying opportunity.
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