I've never said anything of those things and I challenge you to pull up an exact quote.;
1. p/s is useful. It may not be to your, but I challenge you to pull up some credible source that says it isn't. I'll pull up an equally credible source that says it is. It's a metric. As useless by itself as your what you defined a recession to be as two quarters of GDP. YOur defintion of a recession is wrong. You brought up a tool. I however recognize p/s as a tool and not a valuation unto itself.
2. I never said you never need to sell a stock for a loss just to offset capital gains. IFF I had a loser, I would. I also never said if you hold anything long enough, a stock would come back. In fact, I buy value from the start. As in MICS> And it went it went down, I bought more. And eventually truth prevailed.
3. MICS could indeed beat earnings expecations. IF they post a $5 million profit, that would safely beat expectations. I don' tknow what the market expects, but I know $5 million would blow it out of the water. I sure don't expect anything close to that. Thsi is fact. Because the expectations are priced in. Thje stock will done one of three things: It will go up, down, or do nothing. It will let us know at that time if its expectations were beat. You expect a bad quarter as you stated on the record several time. This is naturally expected because this is a seasonal business. The market may have that alerady priced in. I don't know what the market has priced in. That's speculation. This is fact, but it does have expectations.
Because you are cocnfused and think analysts target prices are market expectations is on you, not me. I've already explained toyou what I meant. And it's the truth whether you get it or not.
