connorport

Update on My Channeling Stocks Portfolio

Ive found when the stock moves up and stabilizes on its own then analysts up their targets. I wouldn't want to be short at this point. Shorts were for earlier in the year. To short now would be suicide unless you have insider info. I like to use an approach from a conservative standpoint of looking at company fundamentals and future estimates and how much the stock is beaten up in comparison to what it was a years ago. I figure if the stock is say 10 and was 50 and the market returns just half on an upswing which i think it will do it would put it at $25 a share. Thats a 150% return. Even if it takes two to three years to do so is far better than most investments.