Alexander77

Monday Options Update: POT, XLF, NCC, SOV, GD, AAPL, RIMM, C, BGG

I feel like I am holland buying tullips that are worth nothing, I keep the faith in these stocks because the fundmentals are there but the invisible hand is going against every single asset class


On Oct 02 09:08 PM einstein p fleet wrote:

> Well, so far everyone ---- including me --- has POT and MOS wrong.
>
>
> Personally, I think the credit crunch has a lot to do with it and
> I worry that we will see ramifications in the form of food shortages
> next year. People may have to tighten their belts a bit more than
> expected.
>
> I've seen several comparisons to the dot com bubble which I find
> difficult to understand. POT and MOS trade at low PE ratios, especially
> going forward, throw off a ton of cash, and have a viable business
> model. A lot of other basic material and infrastructure stocks seem
> to be in the same position. How would you compare that to JDSU or
> the other dot com busts that traded at insane multiples and did little
> or no business to speak of? MOS may have missed earnings, but they
> still made over 1.3B, trade and trade at less than 3X estimated 2009
> earnings. What am I missing here?
>