SLM Corp. (SLM)

All Comments on SLM

  • commenter
    JoeLogic
    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
    raylopez99
    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
    BxCapricorn
    Oct 11 06:58 PM
    Crazy P/E Ratios [view article]
    Where are the Ag stocks? Reply
  • commenter
    Ramzi
    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
    datacheck
    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
    nayr
    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
    GKM
    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
    scholar
    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
    calpon
    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
    davemcc3300
    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
  • commenter
    hownow
    Oct 09 08:59 AM
    Crazy P/E Ratios [view article]
    As GKW points out..

    Do not get excited, P/Es will rise all the way down and "Investment Groups" of many shades will scratch their heads.     Reply
  • commenter
    scholastica8
    Oct 09 12:02 AM
    Crazy P/E Ratios [view article]
    Just bear in mind that Warren Buffett just bought CEG... one of those companies with the highest YTD% drops... & the 2nd highest in the list of P/Es.

    Granted, he has enough cash to weather anything... but his goal is to make more cash.

    As for the world's involvment protecting us from droping into single digits... a broader market, a supposed greater spreading of risk, has made for a much more volitile situation. It seems to have enhanced the fear rather than containing it.     Reply
  • commenter
    jcrash
    Oct 08 11:14 PM
    Crazy P/E Ratios [view article]
    Zoeey and tcal - Schillers data shows currently we are about at 15 or 16 based on 10 yr average earnings.

    Overcorrections to single digits as you propose do no happen in every downturn and actually only happen about 3 times in the last 90 years. One of those was the decade of inflation, one was the WWII era, and one was briefly during the depression.

    However, the greater macro trend you are ignoring is the greater participation in the stock markets. More capital chasing the same earnings means higher P/E's. So, if we get to single digits, I'd be more than shocked.

    Technically, 8000 on the Dow and 850 or so on the S&P looks pretty impenetrable.

    Boomers are committed at this point, if they take it out now, they are pretty much sure to miss the start up and then pile in to create one hell of a bounce. If they stay in, they will be committed to adding even more at these levels.

    Additionally, recent tax changes have created a large demand in college savings accounts. Those monies are relatively new and will continue to grow with acceptance. Finally, while you might think foreigners would desert us, the truth is that their is no substitute - no country with a better combination of innovation/security and size. This is quite in evidence this week with the turn in the Euro and the European banks.

    We will print up as much as it takes to keep the boat afloat and folks will buy it and be glad their money is safe in times like this. They cannot leave us in the bad times - they will have to wait and try it in the good times.     Reply
  • commenter
    jcrash
    Oct 08 09:33 PM
    Crazy P/E Ratios [view article]
    So, GKM are you saying P/E's look low or P/E's look high? Reply
  • commenter
    GKM
    Oct 08 07:38 PM
    Crazy P/E Ratios [view article]
    Just fyi, P/E's are always lowest at the top of the market and highest at the bottom. If you think about it, you should understand why that would be so. Reply
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