Replies to post #28997 on SPDR S&P 500 (SPY)

[learningboutinv]

Foot did you see TRID get whacked today? I think it's one of the top losers on the nasdaq. Analysts downgraded from buy to neutral cause earnings growth is going to flat for the next few quarters. What's funny is the company has no debt, lots of cash ($200million), P/E of 15 before the whack now fwd p/e of 5. But yet companies like Amazon trades for 60x earnings. You gotta love it. I picked up some today at 7 for some fun. Not too many shares just a 400 out of one of my tiny trading accts I don't really use often.

Down from 41.4% today from 12.20 to 7.15.

On the 2nd list of top % losers today. 35 million shares exchanged hands. Float is 54million.

http://finance.yahoo.com/losers?e=o

[omandan]

Foot
I think banks are OK. Not ready to get out of Tech. yet.
Dan