justamom

Comment Stream » SLB

Comment Stream
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
  • FMC Shares Priced For Perfection - Barron's
    FMC(FTI) Company and stock either way the company is sound and you may need to investigate your companys before you speek on them . dont just watch the stock market thats what got so many people in trouble If you just listen to the people that look at stocks all day then you will surely fail do the work yourself. It is time for us to do things for ourselves and quit letting other people tell us what to do. so my advice on this one is yes it is undervalued and would be a good long term investment.


    On May 26 10:14 PM Bob'29 wrote:

    >
    > From another blog somewhere in the universe:
    >
    > “What goes parabolically up must come down at least a little”. A
    > trend reversal is where money leaves one sector and rotates or moves
    > into another sector. It looks as though a rotation out of oil and
    > gas has began. There is some potential very big and smart long term
    > money that will be moving back into tech. As the rising tide lifts
    > all boats, well place tech companies like AAPL should see added upward
    > fuel. What might fall hard is an oil services company called FMC
    > Technologies (symbol: FTI) which has recently doubled in price with
    > a current P/E unjustly way above its peers.. Read Barron’s article
    > by Sandra Ward. She points out no fewer than five reasons why the
    > stock may well fall like a mal-attached crane off the top of an oil
    > rig. About eight years ago I first heard the term, “Priced to Perfection”
    > referred to the larger market before one of the worst crashes most
    > living people have seen . Ms Ward uses “priced to perfection” in
    > regard to the price FTI is now trading at (if its not going up anymore….).
    > As the smart money takes profits from FTI; those willing to short
    > the stock may derive a healthy profit. The stock closed the week
    > at $75.55. The author suggests that it might find support at its
    > 50 day moving average which is $66. Of course always use caution
    > when shorting a stock. Remember January when AAPL dropped from $202
    > to its low of 119? Lets look to FTI and see if it behaves in a similar
    > way
    Oct 06 14:21 pm |Rating: 0 0 |Link to Comment |View article

justamom's Comments Stream Stats

  • 1 Comments, 0 , 0
  • Total Comment Stream rating - = 0