Pelican Parts Forums

Pelican Parts Forums (http://forums.pelicanparts.com/)
-   Porsche 911 Technical Forum (http://forums.pelicanparts.com/porsche-911-technical-forum/)
-   -   any stock traders out there? (http://forums.pelicanparts.com/porsche-911-technical-forum/48438-any-stock-traders-out-there.html)

R22tech 02-08-2001 06:54 AM

any stock traders out there?
 
Juniper-symbol JNPR- is the reason I even have a Porsche right now-No, I don't have any affiliation or inside info. on this company! I am a technician in the hvac field. Anyway, can you believe the price on jnpr right now? I am buying up all I can-maybe I'll be able to upgrade to my dream car! Check the owners gallery for my dream car.

ras911 02-08-2001 07:04 AM

Just my opinion but I would suspect that a company with a P/E of 178 would be ripe for punishment, with any disappointments or shortfalls in revenues or earnings in this economic and market environment. Be cautious!
Good luck.

R22tech 02-08-2001 07:14 AM

I 100% agree with your analysis - I held it last year when the p/e was like 1000 or something!LOL! It just kept going up! Sold it back in sept. and looked at it again until the Cisco fiasco a couple of days ago. I am definetely being cautious with it and will sell it if it drops 7% below what I bought it for- b/t $95-$96. I'm young, so I don't mind the "mindless" risk I'm taking on it- but I just couldn't pass it up below $100.00! Let's hope they don't miss next quarter or warn between now and then.

R22tech 02-08-2001 07:23 AM

BTW-I got the tip on jnpr back in july 1998 from a customer-needless to say he gets free hvac service from now on!

VIPRKLR 02-08-2001 09:03 AM

If your stock traders, maybe you have interest in my buddies domain name:
www.SecureWealth.Com

contact him at bob@SecureWealth.com if you think you want it...

rstoll 02-08-2001 09:20 AM

Bought my SC with a 3 wk venture on G.E.

------------------
Robert Stoll
83 SC
83 944

Cotton 02-08-2001 09:30 AM

Hmmm... my old finance prof once said:
"Bears may make money, and bulls may make money.... but pigs make nothing at all!"

Not that it pertains exactly to this topic; it's more for those who try to buy at the absolute low and sell at the absolute high. Yet, it's good advice and keeps me humble (I hope!). Thought I'd share...

NickB 02-08-2001 11:01 AM

.....and if Nasdaq keeps tanking, there will be a lot more 911s for sale.

nick
'70 911E

ras911 02-08-2001 11:03 AM

Cotton,
In this market the piggies get slaughtered.!!!!!!!

xtianw 02-08-2001 06:04 PM

Can you say "Downdraft" ? If it closes below 90 it will test 75. Anytime it even makes a minor rally it will fall back again. The market makers have this one on their screen.
It may be a great company, but its not a great buy. Dont marry this stock. Be happy you made a bundle and forget about it. It is very likely to continue going down before it goes back up. Just my two cents

larryboy 02-08-2001 07:03 PM

I am an old man more interested in drooling and plucking ear hairs, and don't understand the NASDAQ. However, my young wife was quite a trader, getting out completely (primarily cs) last April 12. Made enough to buy a lot of toys for her, me (Targa) and kids, but oh the capital gains.


Bill Wagner 02-08-2001 11:53 PM

Just my opinion, but any company, unless showing EXTRAORDINARY potential, that has a P/E ratio above 50 will continually get nailed all year, or perhaps even years ahead, until they can prove they can survive.

I personally know of at least 5 "day traders" who have lost their shirts on stocks with poor P/E ratios (it's hard to exact answers from them, but I suspect one guy is down at least 100K!). The one thing that I found consistent about them when talking to them about their investments was that they didn't even know what a P/E ratio was!

Happy Investing,

Bill Wagner

Early_S_Man 02-09-2001 01:16 AM

I knew a guy in the '70s with a Masters degree in finance, mid-level corporate job ... got wrapped up in the silver market, made a fortune (so he said) ... got heavy into futures trading, and after making $20K here, $40K there, upwards of about $150 over a year of so, bought a 924, into drugs and alcohol, the 'High Life' you might say, including a divorce ... got fired, ended up in jail a half-dozen times, and mental hospitals a dozen or more times ... net losses over $140K!!! Be careful out there ... even financial wizards can be taken over by what amounts to a gambler's addiction, and the results aren't pretty!

------------------
Warren Hall
1973 911S Targa


All times are GMT -8. The time now is 07:49 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website


DTO Garage Plus vBulletin Plugins by Drive Thru Online, Inc.