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Today, after its second quarter earnings were announced, LRW is trading at 28.
I'm up about 10% on BBSI, but -- if I had been willing to pay 22 for LRW -- I'd be up about 30% on it now.
How Missed Out On this Stock by Being Cheap
In April there were a few placement companies ranked highly on the Magic Formula list. I wanted to invest in one of them as one of the 5 MF stocks I planned to buy in April. The one I liked best was LRW. Then its first quarter earnings came out, and LRW went from about 18 to about 22. Regretting that I didn't buy it at 18, and not wanting to pay more for it, I passed and bought another placement company, BBSI.
Today, after its second quarter earnings were announced, LRW is trading at 28.
I'm up about 10% on BBSI, but -- if I had been willing to pay 22 for LRW -- I'd be up about 30% on it now.
Today, after its second quarter earnings were announced, LRW is trading at 28.
I'm up about 10% on BBSI, but -- if I had been willing to pay 22 for LRW -- I'd be up about 30% on it now.
Tickers in the article:
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DaveinHackensack - 5 years ago
BBSI announces its earnings next week, so maybe it will get a similar boost. Both BBSI and LRW have rock-solid balance sheets, growing businesses, and attractive valuations, but BBSI has a smaller volume and float (with a third of the stock owned by insiders). So maybe BBSI have its run too. We'll see.
Musto - 5 years ago
The fish that ran away is always is the biggest.
The nice thing about the stock market is that
there is no shortage of other big fish to catch.
It usually takes me about a week or two to recover
from a missed opportunity.
Meanwhile the life goes on.
The nice thing about the stock market is that
there is no shortage of other big fish to catch.
It usually takes me about a week or two to recover
from a missed opportunity.
Meanwhile the life goes on.
Ccyork - 5 years ago
> The fish that ran away is always is the biggest.
> The nice thing about the stock market is that
> there is no shortage of other big fish to catch.
> It usually takes me about a week or two to recover
> from a missed opportunity.
> Meanwhile the life goes on.
how true!
> The nice thing about the stock market is that
> there is no shortage of other big fish to catch.
> It usually takes me about a week or two to recover
> from a missed opportunity.
> Meanwhile the life goes on.
how true!
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if i only had a nickel for all the boats i've missed in the last year! yup LRW was one of them...