Double Down - Market Pullback

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  • Lucavia123
    Senior Member
    • Oct 2011
    • 534

    Double Down - Market Pullback

    With the market pullback a lot of amazing stocks are selling at very attractive prices. So much so I have been tempted to double down on several. Here are my current stock holding. Which would you pick to double up on in anticipation for the next move up?

    EW
    LCI
    RHI
    SAVE
    VA
  • jiesen
    Senior Member
    • Sep 2003
    • 5320

    #2
    EW would be my #1 choice...

    Comment

    • billyjoe
      Senior Member
      • Nov 2003
      • 9014

      #3
      I'd also pick EW. I still own. Earnings were decent.http://finance.yahoo.com/news/edward...135201420.html Don't expect a big jump soon. I can wait a few months if necessary.

      --------------billy

      Comment

      • tiedyed1
        Senior Member
        • Jun 2009
        • 599

        #4
        From that list I too like EW.

        Off the list, I recently added to existing positions I have on ETN, MA, BX and ABT. (All long term growth, paying dividends in retirement accounts.)

        -Adam
        Old Hippy & Mortgage Pro

        Comment

        • jiesen
          Senior Member
          • Sep 2003
          • 5320

          #5
          but as far as pullbacks and discounted stocks to double-up on go I'd have to say QLYS really looks good to me now, and if it's still 40 bucks tomorrrow morning, I will probably pick up some more of this one, rather than go back to an older pick... even tho EW and LCI both are also quite tempting.

          Comment

          • jiesen
            Senior Member
            • Sep 2003
            • 5320

            #6
            I picked up some QLYS today at 40.5. Could have waited just a few more minutes, and had it at under 40... ah well. There's no reason this one can't trade at 50 next week, and even at 60 next month. EW is looking even cheaper now, at 124, too! Maybe I will take a stab at that one also.

            Comment

            • mimo_100
              Senior Member
              • Sep 2003
              • 1784

              #7
              The QLYS Float is about 24 million shares (34 million outstanding). About 8 million will exchange hands today - that is 33 1/3% of the float (1.6 million yesterday, 3 mo avg daily volume 477 thousand) . Unless someone is trading this multiple times per day, how many more shares will trade hands in the next few days? The pendulum has swung way too far IMO.
              Tim - Retired Problem Solver

              Comment

              • riverbabe
                Senior Member
                • May 2005
                • 3373

                #8
                Originally posted by mimo_100 View Post
                The QLYS Float is about 24 million shares (34 million outstanding). About 8 million will exchange hands today - that is 33 1/3% of the float (1.6 million yesterday, 3 mo avg daily volume 477 thousand) . Unless someone is trading this multiple times per day, how many more shares will trade hands in the next few days? The pendulum has swung way too far IMO.
                20 min. in today, huge vol. Have cash, not ready to jump in yet.

                Comment

                • Lucavia123
                  Senior Member
                  • Oct 2011
                  • 534

                  #9
                  LCI falling big in AH market today. This makes the 5th stock I own that has dumped on positive earnings...

                  LCI
                  EW
                  RHI
                  SAVE
                  VA

                  At this point which on is worth doubling up on?

                  Comment

                  • Louetta
                    Senior Member
                    • Oct 2003
                    • 2331

                    #10
                    Originally posted by Lucavia123 View Post
                    LCI falling big in AH market today. This makes the 5th stock I own that has dumped on positive earnings...

                    LCI
                    EW
                    RHI
                    SAVE
                    VA

                    At this point which on is worth doubling up on?
                    LCI. They reported EPS of $3.13 for nine months and revenue guidance for the full year up just a tad. So say $4.15 EPS for the full year. At an after hours price of $56 that's a PE of under 14. There is more downside risk to this market but not much in LCI, methinks.
                    Last edited by Louetta; 05-06-2015, 06:33 PM. Reason: Took the $ off the PE

                    Comment

                    • Lucavia123
                      Senior Member
                      • Oct 2011
                      • 534

                      #11
                      I did double down on LCI today. This pullback seems overdone to me. Wish me luck.

                      Comment

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