Investments question

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Originally Posted by foxtrot

I guess it depends on your ability to take risk. Right now i'd be testing UA stock, it generally looks like it bottomed. But, YMMV and it could go down to 5. However, there is a reasonable chance of decent gains in the 6-12 month outlook as long as they stop putting foot into mouth. Currently $21 and slightly climbing, 1 year high $80, not much before that well over $100 with spikes around. They managed to piss off both conservatives and liberals so it should be good timing.

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This is an interesting suggestion, as the "undervalued" metrics are not there - P/E in 40+ range even after their FIM, and projected EPS is dismal. But I agree that it may be a good time to buy the dip for a short term bet.

All I know is . . . my pre-election buy of Smith & Wesson (now AOBC) has sucked beyond comprehension. Hopefully they turn that around. What a dog that has become.

JD.com, Alibaba, and Tencent are the Amazons of China. Chinese e-commerce is still a relatively young frontier compared to the US...

You just missed a big opportunity with Editas Medicine... I will keep my position in it for at least a few more years though...it could be the Microsoft of the medical world...

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Originally Posted by foxtrot

It'll turn around in about six years assuming they are still in business. Lots of firearm companies going to be selling, liquidating, etc. especially in the AR market, even giants. But, after the next POTUS (4 years from now), then you'll see another panic buy situation and recovery on that shortly thereafter more like 2008; with fewer companies in play and less manufacturing capability. I'd weigh that in considerations of dumping the stock or not, I don't see firearms stock improving for the next few years. But in that time-frame, they can improve substantially.

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Yeah . . . it's not going anywhere in the portfolio. I didn't put a ton into it and it was a risky bet . . . if Trump ended up winning. I'm just going to hang onto it long term and see where it goes.

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Originally Posted by Sawin

You just missed a big opportunity with Editas Medicine... I will keep my position in it for at least a few more years though...it could be the Microsoft of the medical world...

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Thanks for recommandation. I was in search of 5 or more microcap biotechs. Will look into it.