08-15-2021, 07:50 AM
(08-14-2021, 03:13 PM)fenders53 Wrote: [quote pid='28050' dateline='1628875756']It usually does many months before the bottom. Pretty sure it's the most deeply cyclical quality company I have ever followed. You can make 50-100% in a year or two if you don't jump in too soon. I won't be at all shocked if it heads for $50. PE is still high compared to historical. I've seen it trade at 5 PE. They are still manufacturing a commodity.
Sold CC ON pltr. MU starting to look v interesting.
Anyone have any updated thoughts on SOFI since earnings report? I've successfully sold options on the drop but I am seriously considering it as a spec I am willing to hold a few years if necessary. I have zero spec shares now and this looks like a decent one.
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MU is a buy @ 10 P/E, above that there isn't enough margin of safety