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Re: chemist72 post# 7609

Wednesday, 08/08/2018 9:53:04 AM

Wednesday, August 08, 2018 9:53:04 AM

Post# of 8795
You are right again. I use the term "company fundamentals" or "fundamentals" to mean present conditions, but I also consider how these conditions might affect future growth. It just happens to line up with a definition I found:

"By looking at the economics of a business, such as the balance sheet, the income statement, overall management and cash flow, investors are looking at a company's fundamentals, which help determine the company's health as well as its growth prospects."-Investopedia

So my point yesterday is that the recent price action does not seem to be happening because of any degradation of "the balance sheet, the income statement, overall management and cash flow", the "fundamentals". I don't think it has much to do with the company's outlook either, which remains that management is expecting earnings growth. My opinion is that selling is a little high because traders don't want to wait for it to happen. "Opportunity cost", as Paideia calls it.

Although I am also impatient to see PIOE appreciate, I am currently at my highest level of shares owned in PIOE. That is probably because my other pink sheet "investments" (i.e., "crap shoots") are getting slammed lately. Not the kind of "opportunities" I was hoping for...


Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.

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