What Did You Buy Today?

[Otter]

(04-08-2020, 11:21 AM)Binary Wrote:

(04-08-2020, 10:59 AM)Otter Wrote:

(04-08-2020, 10:57 AM)fenders53 Wrote: We are going to struggle with recent low price bias.  I don't know about anybody else, but I didn't start a DGI port from scratch last month and buy all my positions at five year low prices.  This is why we need some earning guidance.  I was good with blindly buying quality brands that were suddenly 50% off.  Now I look at a stock only 15% off it's ATH and think hmmmmm, I wonder if they will struggle for five quarters with much higher debt?   That's not priced in anymore.  That greatly affects how much I am going to pay.  There will be more deals soon.

Yes. I have been waiting for more clarity on the "E" side of the P/E equation. That clarity will also end up moving the P.

Edited to add - The "E" information also plays in to most of my other metrics for determining DGI value, like payout ratio, and how realistic Chowder Numbers based on past 5yrs results are likely to be.

Agree totally. Luckily earnings season starts in a week or two.

Yup. Got my buy list ready to update with earnings figures.