samblum_
做多

Was I Wrong on GNTX? (updated after earnings report)

NASDAQ:GNTX   GENTEX CORP
Turns out my first analysis of GNTX wasn't wrong... it was just part of a bigger plan.

Im Still bullish on the stock, HOWEVER, I am bullish for reasons NOT explained prior to their earnings .

Fundamentally their earnings report wasn't bad, it just missed the EPS             analysist mark by 1 cent....sending GNTX down to what turns out to be a HUGE magnet level. If I would've seen it in my previous analysis, a short term (2-3) short to the level we are at now wouldn't have been a terrible idea.

Anyways, Im still long, as I have been. Up to at least 19 we go.
评论: UPDATE: Based on earnings.

Bad first? Ok. Unfortunately I believe based on charting we could be part of weekly chart range landing us to a possibility of hitting around 16$ a share. Ouch.

Good? The level I have put has not been giving in to the bears easily. The bears got momentum after the earnings missed analysts, BUT, did the fundamental of the company change? They INCREASED sales by 5% Quarter over Quarter. Good sign. Their margins slipped quarter over quarter due to decreased sales costs not accounted with better production costs. Of course, this hurts income, and ultimately the EPS. It also repurchased over a million shares. Its PE holds below 15 with a payout ratio of less than 40%. It's a good value stock, and even pushing the income stock category. I don't see the company going anywhere soon, but may switch to better opportunities given we break the range and head towards 16$.
评论: UPDATE: if this last red level breaks, we are headed to the bottom of our range.
评论: UPDATE: since it broke, we are headed to a LOW of 16.40-16.00
简体中文
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出