Q: It feels like a gut punch. Down 20% today. Down 60% for 90 days ago. Sentiment is negative. It is now rated as Moderate Buy with 7 buy ratings and 5 hold (Tipranks).
A number of analysts have not rerated yet cause the earnings are so fresh.
The Balanced portfolio is now down +25% since inception of the position.
I am afraid (little late I guess) that the stock, not necessarily the company is broken.
I do not see a short to intermediate term catalyst that will turn this freight train around and just thinking, Where Are the Opportunities Now?
Sorry, still in a little daze about the drastic decline of this position. Not sure what to do at this point?
Sheldon
A number of analysts have not rerated yet cause the earnings are so fresh.
The Balanced portfolio is now down +25% since inception of the position.
I am afraid (little late I guess) that the stock, not necessarily the company is broken.
I do not see a short to intermediate term catalyst that will turn this freight train around and just thinking, Where Are the Opportunities Now?
Sorry, still in a little daze about the drastic decline of this position. Not sure what to do at this point?
Sheldon