WSP also has a:
Forward P/E < 7
PEG < .50
ROE = 29
But none of those fundamentals matter because this is a technical trade (just look at the pretty lines on the graph and pray they keep moving up ;-)
Target 9.50
Stop at 8.20
Long WH
Tuesday, August 26, 2008
Technical Trade...
WSP Holdings - Chinese company that makes tubes and equipment for the oil industry.
WSP also has a:
Forward P/E < 7
PEG < .50
ROE = 29
But none of those fundamentals matter because this is a technical trade (just look at the pretty lines on the graph and pray they keep moving up ;-)
Target 9.50
Stop at 8.20
Long WH
WSP also has a:
Forward P/E < 7
PEG < .50
ROE = 29
But none of those fundamentals matter because this is a technical trade (just look at the pretty lines on the graph and pray they keep moving up ;-)
Target 9.50
Stop at 8.20
Long WH
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