5 year Market Outlook opinions
07-06-2022, 08:48 AM
#791
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Joined APC: Feb 2007
Position: Big ones
Posts: 774
BTU and egy and Crk down as well. What gives?
07-06-2022, 12:54 PM
#792
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Joined APC: Dec 2007
Posts: 5,602
Sell off based on technicals combined with typical low volume trading activity post-July 4th. No changes to the fundamentals of any of those businesses. Energy will rally later this month, especially after 2Q earnings. I took advantage of the sell-off by adding heavily in BTU, EGY, and CRK.
07-06-2022, 01:20 PM
#793
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Joined APC: Sep 2016
Posts: 6,733
Sell off based on technicals combined with typical low volume trading activity post-July 4th. No changes to the fundamentals of any of those businesses. Energy will rally later this month, especially after 2Q earnings. I took advantage of the sell-off by adding heavily in BTU, EGY, and CRK.
07-10-2022, 06:07 AM
#795
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Joined APC: Dec 2007
Posts: 5,602
Barron's: Energy Stocks Are Cheap. Just Ask Warren Buffett..
https://www.barrons.com/articles/war...ks-51657303974
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https://www.barrons.com/articles/war...ks-51657303974
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07-10-2022, 07:40 AM
#796
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Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,456
As a value player, I am overloaded with possibilities right now. The buffet batting average is going way up.
07-11-2022, 08:24 AM
#797
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Joined APC: Jul 2010
Position: window seat
Posts: 12,544
07-12-2022, 04:49 AM
#798
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Joined APC: Dec 2007
Posts: 5,602
Bull trap/rally is Macro talk. With individual stocks your focus should be on the micro, which is what's a conservative estimate of a company's free cash flows over the next 5+ years discounted to today and can I buy it for an even lower price(margin of safety). Another simpler way to put it is can I find companies trading at less than 10 times earning with minimal to no debt? The answer is absolutely. Here's some I've found:
WBD (alot of debt but Media related so it gets a pass)
META
THRY
DFIN
GTX
PARA(debt similar to WBD)
ZIM
GNK
OGN
VSAT
ZDGE
MSGE
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