Sometime any information is too much
information. There seems to be a degree of trust needed to trade based
upon fundamental information and guesses about what the future might hold.
when was the last time there was real honest financial statement that you could
trust. I have found that the old saying "money talks and BS walks"
to be true in trading as well as in life.
The charts tell you where the money is going.
And like the crime dramas tell you, "follow the money", The charts tell
you where the money is going, so look at that picture and you should be alright
in the end.
They are old and tired clichés, but they still hold
true. I may be a cynic in my old age, but it has worked for me over the
years.
----- Original Message -----
Sent: Friday, December 28, 2007 7:13
AM
Subject: Re: [RT] near a
bottom/SOLF
I'm afraid this topic could go on and on since everyone has the services
for information that they have grown to trust. Let me simply say that if
Reuters says 1.23 for 2008, they expect them to have a huge fall off in sales
since they just earned 1.24 in the last *quarter*, beating estimates by
257%. I get Reuters news and there are errors in it daily so we must
trust who we do. I thank you for your thoughts on the matter .. one can
not have too much information in our business
Bob
At 05:33 AM
12/28/2007, you wrote:
Hi ! IMHO best
source is Reuters, which gives 1.23 EPS for 2008. http://stocks.us.reuters.com/stocks/estimates.asp?symbol=SOLF.O Data
on Zacks is of low quality, esp. for foreign stocks, I had some e-mail
discussion with their stuff when using their trial. Yahoo Finance in
several last months also has problems with correct
data. Sincerely, Michael.
BobsKC
<bobskc@xxxxxxxxxnet> wrote:
- Dunno Ernie,
- The Yahoo site has always been dependable for me and the gross numbers
look right for the EPS figures. The Zack figures almost appear to be
for another equity or possibly terribly out of date. The Yahoo site
updated when SOLF destroyed the last quarter estimate so I know they are
updating.
- Bob
- At 11:26 PM 12/27/2007, you wrote:
- Hi; I copied the below from Zacks website and it
gives the below estimate for SOLF 2008 earnings .61 cents also my Quotes
Plus data says 1.23 for 12/2008 so the data seems to be all over the
place. Yahoo
- does give their estimate at $6.88. Which do we believe??
- It is interesting that there are so many different values
given.
- Just looking for opinions as I thought ZACKS was a reliable source.
- Ernie
- ZACKS COMMENTARY FOR SOLF
- Dec 26, 2007 Zacks
Equity Research: Report for SOLF
- More
Commentaries
- EARNINGS ESTIMATES
- This Quarter
- 12/2007 Next Quarter
- 03/2008 This Year
- 12/2007 Next Year
- 12/2008
- Average Estimate 0.08 0.28 0.19 0.61
- Number of Estimates 1 1 2 2
- Low Estimates 0.08 0.28 0.18 0.58
- High Estimate 0.08 0.28 0.19 0.64
- Year Ago EPS 0.11 -0.01 0.48 0.19
- EPS Growth -27.27% 2900.00% -61.46% 229.73%
- ----- Original Message -----
- From: BobsKC
- To: realtraders@yahoogroups.com
- Sent: Thursday, December 27, 2007 5:05 PM
- Subject: Re: [RT] near a bottom/SOLF
- There are huge differences in these two stocks. CSUN is losing
money
- and has a fraction of the growth rate that SOLF does. The
consensus
- 2008 estimated earnings for CSUN is -.06 and the estimate for SOLF
is
- +6.87. CSUN is way over-priced while SOLF is trading at a forward
PE
- of less than 5. CSUN is headed for 10.00 and SOLF is headed for
- 100. One is a mania play and one is a sound, technical and
- fundamental choice.
- I wish everyone good trading in 2008
- Bob
- At 05:10 PM 12/27/2007, you wrote:
- >My thanks as well. Researching your SOLF suggestion I bumped
into
- >recommendations for CSUN which has taken also been
spectacular, up a
- >lot today in down market. Shares of Chinese-based solar cell
makers on
- >a tear this week after the Chinese government said it will
work to
- >promote use of alternative energy. But best be nimble, the
higher they
- >rise the bigger the fall.
- >
- >
- >
- >
- >Yahoo! Groups Links
- >
- >
- >
Never miss a
thing. Make
Yahoo your homepage.
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