Its valuation means it's priced for perfection and perfection was not delivered this quarter.
More Quotes from Tim Ghriskey:
Delphi is weighing on the whole automotive industry. More people want to move money out of that sector, and the situation is not going to get better any time soon.Tim Ghriskey
This is a company where management is still committed to spending earnings to stimulate future growth and market share. You are betting with management that their efforts are going to pay off. Is there any guarantee No.
Tim Ghriskey
While it's certainly an industry issue, we believe Ericsson is having a hard time competing in networks against competition. That appears to have led to a major shake up at the top,
Tim Ghriskey
This lends a positive tone to tomorrow's opening, as well as crude being down significantly today.
Tim Ghriskey
It's taken a while to generate the real increase in trash levels that these companies benefit from. That's what we're finally seeing flow through here.
Tim Ghriskey
His speech was really focused on real estate. But then again if his comments cause some money to come out of the housing market and some money to come out of the credit market, where does it go It probably goes into the equity market.
Tim Ghriskey
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