2017 Stock Prediction
- Thread starter dmclone
- Start date
Ya that's what I mean I assumed quarterly earnings came out.
It was a horrible earnings report. They very well may take a loss for the entire year. They are stuck between a high price point without a high price point loyalty.
I thought about buying but it may drop by another half in the next 6 months.
This is the problem I'm having. Part of me sees this as a buying opportunity, but the other part sees this going down further. I guess that's a lot of stocks.
I'm betting that community colleges will come out of that looking pretty good if that does happen.
Big losers will likely be those that don't have the financial base/name to survive or are over leveraged. That could potentially be the big publics in the midwest. That could be a huge blow to the economies of the cities they are in.
I just read an article about this exact topic. Places like ISU, Iowa, Ohio State, etc will be fine. Places like UNI, Western Illinois, might get hurt more.
Iowa did a really smart thing in the 60s by expanding their 3 existing campuses instead of building smaller colleges in small towns like many other states. Look how many MN and SO have, for example. Unsustainable.
Actually you could have shorted colleges but your about five years too late. The private schools went through a big upswing and then fell apart. Corinthian and some others.
http://fortune.com/2015/05/07/corinthian-college-chain-closings/
https://www.bloomberg.com/news/arti...ar-collapse-of-for-profit-corinthian-colleges
From $33 per share to less than two cents
http://fortune.com/2015/05/07/corinthian-college-chain-closings/
https://www.bloomberg.com/news/arti...ar-collapse-of-for-profit-corinthian-colleges
From $33 per share to less than two cents
The really interesting one to watch right now is WI. It has a strange system. They have thirteen 4 year campuses, thirteen 2 year transfer campuses, and then the 2 year tech (I think there are 10 of these) is under a different governing body. They are looking to merge the 2 year transfer with the 4 year to balance out budgets.
It's a weird system, and I haven't seen it replicated anywhere else.
Chris---I just saw an article that Under Armour is the worst performing stock out of the entire S&P 500 this year. I assume the 500 part means there are 500 companies, but am not sure about that.
It's down 55% or so for the year.
Are you still all in on this?
When I saw your initial post, I thought what the heck and put about $10k in which is half of the IRA I inherited from my grandpa. You've said in the past that you're super into finances, so I took a chance on your research and insight.
I'm just wondering what I should be doing at this point. That $10k is now about $4k.
Do I hold it, buy more?
I saw in a follow up post that you were hoping that it would keep dropping.
Is this a good thing and I don't understand?
500 large stocks yep that are listed on the NYSE or Nasdaq.
You will feel worse about Underarmour if you do that. but here you go:
https://finance.yahoo.com/quote/^GSPC?p=^GSPC
looks like its up ~18% year to date. just quick and dirty math on my part.
I found it. It looks like the S&P (I assume this
DAMN!!!
How much Under Armour do you have?
If I'm reading this thing right, you've made 10% profit in about 2 weeks.
DAMN!!!
How much Under Armour do you have?
It says 21.51 on that link.
Is that not the year to date?
What #'s should I be looking at to find the year to date.
Maybe I'm not even understanding the Under Armor thing right and it's not down that much.
There are tabs on that link that you can change the time period with, it doesn't save ytd when I posted it, but if you click YTD tab it shows the last 11 months. UA started the year at 26 and is now trading at about 12. (26-12)/26= 53% means its down 53% on the year.
There’s always been a third wheel in the athletic apparel/shoe business. UA is the current third wheel. Taking its place alongside such companies as converse and Reebok.
