LogFAQs > #964637992

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TopicStock Topic 36
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04/28/22 1:53:57 PM
#377:


red sox 777 posted...
If you see a 3 P/E on EVRI and there isn't something new going on like the return of the black death, I'd say it's time to buy hand over fist.

Well I mean, it is

But I think it's the time to buy Rocket hand over fist too for the record.

The point is 11 p/e on a stock with some uncertainty in it and limited growth potential isn't actually that low. I could easily see it drop to sub 10 again. It's nowhere near its bottom imo. Especially if you think Q4 was an outlier and that P/E number is bloated.

But any stock that has market cap in single digit billions is too risky to put 100% of your portfolio into if you're swinging 6 digits. Just period. I don't care how bullish you are.

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