InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,870.62
(
-1.32%
)
US TECH 100
19,880.00
(
-2.30%
)
Dow Jones
43,444.99
(
-0.70%
)
Brent Oil
71.00
(
0.42%
)
Bitcoin
90,650.02
(
0.87%
)
Post# of 94785
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Drexion2004

Send PM Follow Ignore
Followers 155
Posts 3954
Boards Moderated 0
Alias Born 08/19/2009

Drexion2004

Re: lostmyballs post# 55233

Wednesday, 10/20/2010 11:43:56 AM

Wednesday, October 20, 2010 11:43:56 AM

Post# of 94785
CHGS: Oh its a solid company, it just doesn't deserve to go up +50% in one day due to a pump&dump scheme. It'll crash back down in the next week for sure.

Long term it'll go higher, your right.

Whats their EPS going to be in 2011 again? Around $0.30 if I remember correctly? So I shorted it at 7-7.5 forward P/E? I'm ok with that since my long positions in the space are currently below 5 forward P/E in most cases =P.

I'll cover in the $1.7-$1.8 area in a few days. At least I hope so =P.

-Fernando
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up