)The top 100 stock
market authors
selected for publication
market authors
selected for publication
Derek Syphrett
»
Comments
» Single Comment
| 
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Authors with the largestSee all
increase in followers
in the last 7 days
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most active
Instabloggers.-
1
TraderMark
-
2
Don Dion
-
3
Cliff Wachtel
-
4
Mike Havrilla
-
5
James Quinn
Top Instabloggers » -
1
-
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
-
Jim thanks for your gracious reply - in fact hats off to you in that your reply was much more gracious than my original post.
Aug 26 17:47 pm
|Rating:
0
0
All Comments by Derek Syphrett »Notes from My Conversation with Cal-Maine CFO Tim Dawson [View article]
I think your investment club will be disappointed with their decision. Low PE's can be deceptive. Cyclical stocks peak with low PE's and bottom with high PE's.... beware of buying cyclicals with low PE's after they've had a good run.
I think the CFO actually gave you the best data point for selling CALM stock... the company trades at north of $40 per chicken and their competition will sell for $13 per chicken.... that gives you some idea of how overvalued CALM may actually be.