skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Peter and His Wonder Team
ATA dropped again today as low as $8.57...which is a new 52 week low. In relation to there balance sheet do you think this is fair value or is it still over priced? Also, when a good company has a disappointing quarter such as this what do you think is a reasonable average number of days the stock will crash before it stabilizes or hits a new floor. For example I have heard that you should wait at least 3 trading days to see if stability occurs...I know every case is different. I am just trying to get some guidelines which may help to avoid the "falling-knife"! Ha!Ha!
Thanks for your assistance!
Respectfully...
Dr.Ernest Rivait
Read Answer Asked by Ernest on February 08, 2016
Q: Hello team,

I'm interested in your take on the continued sell-off on ATA. The disappointing quarter aside, do you think the softness now speaks to concern about the currency move in China and the ripple effects that would have on North American manufacturing? Is their exposure in Asia and beyond not diversified enough to insulate them for any softness in North America.

Thanks for your insights.
Read Answer Asked by Suzanne on August 17, 2015
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!