Goodyear Tire & Rubber Co. (GT)

All Comments on GT

  • commenter
    Oct 11 10:53 PM
    Crazy P/E Ratios [view article]
    "The data covers 1871 - 2008, and shows that as of 10/7/2008, the S&P 500 PE is ~16"

    Where do you get the data for the P/E for the SP500? I just calculated the P/E of SPY (based on NAV) which tracks the SP500 and as of Friday's close = 10.45. Of course this is trailing P/E, so even if earnings for the 500 stocks correct downward next year I just don't see much downside left. Shorting SPY seems like more like buying CSCO or something at the top of the dotcom bubble.
    Reply
  • commenter
    Oct 11 07:29 PM
    Crazy P/E Ratios [view article]
    Good article, but a small correction in your table. Come next week, Morgan Stanley might have a PE of zero: Price=0/ Earnings=Some number => 0 Reply
  • commenter
    Oct 11 06:58 PM
    Crazy P/E Ratios [view article]
    Where are the Ag stocks? Reply
  • commenter
    Oct 10 01:45 PM
    Crazy P/E Ratios [view article]
    GKM doesn't seem to know what he really meant. low PEs become so because the E is based on expected earnings for next year are assumed to be higher therefore PE seems low at current prices . But what happens is that by end of next year the E will go down because of recession and companies collectively will make much less E than was forcasted at this time so if E goes down by 25 % then your forcasted PE of 12 suddenly becomes 16 Reply
  • commenter
    Oct 10 10:37 AM
    Crazy P/E Ratios [view article]
    The market "may have priced in" anticipated 2009 earnings, but based on long term PE's, we're still in a bubble. see
    seekingalpha.com/artic...

    Reply
  • commenter
    Oct 10 09:04 AM
    Torpedo Dry Ships - Cramer's Lightning Round (10/8/08) [view article]
    LOng on Oil,
    I like your thinking. I did not know Rig was at 160!! At present time, I am long on three or four mentioned here. WMT DE NOV FCX and PEP and then ABT. I had many others but norrowed it down and thickened up the pot. LOst a bunch margining out. Yes I know.. I learned the hard way.. these margin maintenance calls got me. I never knew the down side to market loss on margin. Chocked it up.. and moving on. I do remember Cramer predicted an 8500 DOW and here we are! Call it or me crazy but he had that right. I did not hear anybody else say it.. maybe guessing, but he said it would happen and it did. Doesn't mean I am buying into his manic.situation
    Reply
  • commenter
    Oct 10 02:18 AM
    Crazy P/E Ratios [view article]
    The stock market correction is a reality check for those stocks commanded high price but no real growth.

    Every so often the market corrected to re-evaluate the valuation of each stock.

    As the market start to recover, some will recover 50%, some will recover 100% and some will recover 1000% depending on future growth potential.

    Not all stocks will recover equally, now it's the time to look for the next growth leader of each sector...it's always a stock-picking game after each correction.

    My pick for the next winner: Thermogenesis(KOOL), I think it's the early CSCO of stem cell therapy/regenerative medicine.
    Reply
  • commenter
    Oct 10 01:36 AM
    My Website
    Crazy P/E Ratios [view article]
    I just bought X over the last two days. I also bought a call on it.

    concisetrading.blogspo.../
    Ryan
    Reply
  • commenter
    Oct 10 01:04 AM
    Crazy P/E Ratios [view article]
    jcrash, I'm saying if you think that p/e's look cheap - then they likely look cheap for a reason and that could only mean one thing. When they look expensive, that's when the market will be starting to rally again. Reply
  • commenter
    Oct 10 12:02 AM
    Crazy P/E Ratios [view article]
    i have 10300 shares of wb i hope your rite its real scary but i not lettig go i wish more people wopuld do the same!


    On Oct 09 12:51 PM davemcc3300 wrote:

    > Yikes: These low-PE company look like some of the best investments
    > out there right now ... including WB.
    Reply
  • commenter
    Oct 09 07:28 PM
    Torpedo Dry Ships - Cramer's Lightning Round (10/8/08) [view article]
    I can't believe Cramer is still recommending Frontline!! He has been recommending that stock from the high of $70 all the way down to almost $30. What a joke. I have been buying puts in this market for awhile now and I have been doing well. I just can't believe Cramer anymore. We are all on our own in this kind of market!!! Reply
  • commenter
    Oct 09 05:47 PM
    Crazy P/E Ratios [view article]
    CEG fell out of bed early September but I can't find any articles that explain what happened. Can anyone shed some light? Reply
  • commenter
    Oct 09 02:49 PM
    Torpedo Dry Ships - Cramer's Lightning Round (10/8/08) [view article]
    I should start a mutual fund that does the exact opposite of what Cramer says. I'd be the next Peter Lynch. Reply
  • commenter
    Oct 09 12:54 PM
    Torpedo Dry Ships - Cramer's Lightning Round (10/8/08) [view article]
    I like most of you have watched Cramer for years. I use to think his advise was the greatest thing since sliced bread. I backed up the truck on RIG at $110 and did likewise on NOV at $54. Well, RIG went to $163 and NOV went to the 80's. Why did he not tell us to sell then. Instead he puts a sell,sell,sell on RIG at $84.
    He would cover himself by saying I always tell you to take some off the table...and he is probably right.
    We all hate to hold losers but RIG and NOV both are international and they will be back. My take on Cramer now is to ignore him...he is in panic mode and his brain is not working right.
    RIG has 10 years of backlogs and NOV does too. The fundamentals on both of these companies is still sound so if you sell now you are doing so at your own peril.
    I would say buy, buy, buy....let's see which one of us is right.
    Two others to buy DE and MOS...absolute steals at this level.
    Reply
  • commenter
    Oct 09 12:51 PM
    Crazy P/E Ratios [view article]
    Yikes: These low-PE company look like some of the best investments out there right now ... including WB. Reply