Posted by mastermind on 3rd of Apr 2024 at 02:00 pm
LFMD has a similar story to AEYE - a double from Feb to March
and a pullback to the 20 DMA. However its bounce is less pronounced
and has not yet broken the downtrend channel yet. Like AEYE, this
is a small cap stock with emerging growth, but P/E is already only
29.
Posted by DigiNomad on 3rd of Apr 2024 at 02:11 pm
I got a 25 PE on AEYE - which is clearly a forward projection.
Lost .50 cents, but expected to earn .06 this quarter and .40 for
the year (so, roughly a $10 dollar stock at a 25 PE). Forward PE's
are worrisome to anyone who's ever worked as an analyst - it's just
a guess. Still interesting.
Posted by DigiNomad on 3rd of Apr 2024 at 01:51 pm
Looks like a nice small cap spec play. They are losing
money but projected to flip positive sometime this year? Why
are the projections suddenly so positive after a steady set of
losses previously? Or is it just a technical setup for
you?
AEYE - nice bounce from
Posted by mastermind on 3rd of Apr 2024 at 01:44 pm
AEYE - nice bounce from the 20DMA after a dip from a double from Feb to March.
LFMD has a similar story
Posted by mastermind on 3rd of Apr 2024 at 02:00 pm
LFMD has a similar story to AEYE - a double from Feb to March and a pullback to the 20 DMA. However its bounce is less pronounced and has not yet broken the downtrend channel yet. Like AEYE, this is a small cap stock with emerging growth, but P/E is already only 29.
I got a 25 PE
Posted by DigiNomad on 3rd of Apr 2024 at 02:11 pm
I got a 25 PE on AEYE - which is clearly a forward projection. Lost .50 cents, but expected to earn .06 this quarter and .40 for the year (so, roughly a $10 dollar stock at a 25 PE). Forward PE's are worrisome to anyone who's ever worked as an analyst - it's just a guess. Still interesting.
Looks like a nice small
Posted by DigiNomad on 3rd of Apr 2024 at 01:51 pm
Looks like a nice small cap spec play. They are losing money but projected to flip positive sometime this year? Why are the projections suddenly so positive after a steady set of losses previously? Or is it just a technical setup for you?
I like the forward fundamentals
Posted by mastermind on 3rd of Apr 2024 at 01:57 pm
I like the forward fundamentals too, but I haven't dug into the details of the turnaround.