Q: Hi Peter,
Any idea why High Liner and Shawcor are still dropping while others have recovered. Both went up after the sell off, but are now dropping again. Fundamentals appear to be good on both so am a bit puzzled. I am thinking of entering Starbucks. I have done very well on the stock and sold it when it hit the 80s. It has been sitting in the low 70s but the PE is very high. The technicals look okay. Your view is greatly appreciated.
Any idea why High Liner and Shawcor are still dropping while others have recovered. Both went up after the sell off, but are now dropping again. Fundamentals appear to be good on both so am a bit puzzled. I am thinking of entering Starbucks. I have done very well on the stock and sold it when it hit the 80s. It has been sitting in the low 70s but the PE is very high. The technicals look okay. Your view is greatly appreciated.