I dont get the ratios on DRYS..today two firms up estimates for 2008, yet both put price targets on that give a forward PE if 8 and 10 respectively.
So an ultra tight shipping market and one firm has a 10.50 or so 2008 number and a 110 or somthing price target, the other bumped to like 12.50 and I think 120 price target.
I dont get it...stock with the growth they have (although rates might never be this high in the future) even if things slowed the current targets seem extremely lame.
You want my opinion though..FSLR is the runner. I watch them both and FSLR has the momentum..DRYS tires fast and has big drops, FSLR hasnt slowed down since the dip last month. I think I will go FSLR options in the future, even though I got a HUGE bang on those 100s I traded today.
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Jeff,
Funny you should say that.
I dont get the ratios on DRYS..today two firms up estimates for 2008, yet both put price targets on that give a forward PE if 8 and 10 respectively.
So an ultra tight shipping market and one firm has a 10.50 or so 2008 number and a 110 or somthing price target, the other bumped to like 12.50 and I think 120 price target.
I dont get it...stock with the growth they have (although rates might never be this high in the future) even if things slowed the current targets seem extremely lame.
You want my opinion though..FSLR is the runner. I watch them both and FSLR has the momentum..DRYS tires fast and has big drops, FSLR hasnt slowed down since the dip last month. I think I will go FSLR options in the future, even though I got a HUGE bang on those 100s I traded today.
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