NEM GDX EPS FORWARD EARNINGS.

EPS FORWARD EARNINGS. It’s important to know the company numbers. I used to think I needed all of them, but it turns out I only need these.

Nem . mr10 07/08 dn 22 1.52/1.63 45.2* -6.6* .J10 1.56/1.94 47.5Y n24 1.66/2.00 o20..dn11./.dn.17.--1.66/2.15..jn17 06 hot 1.86 / 2.60 06/7

Nem . mr10 07/08 dn 22 1.52/1.63 45.2* -6.6* this translates to….

Nem March 10 …I posted 07/08 earnings from Yahoo of 1.52/1.63 (200 day yahoo was 45.2) and 6.6% under 200 day. dn22 = down 22%, explained below…

J10 1.56/1.94 47.5Y this translates to….

Jan 10 .. I posted 06/07 earnings from yhoo of 1.56 / 1.94 (200 day yahoo was 47.5) (no one had 07/08 in Jan. Except Nasdaq site / I rarely use Nasdaq) )

Jan 10 I posted…

Jan (06 = 1.56)
Jan (07 =1.94)*****

ON March 10, I POSTED,

Mar (07 = 1.52)****
Mar (08 = 1.63)

Take (Jan 07 = 1.94)**** and (Mar 07 = 1.52)*****

On calculator type 1.94 (hit minus key) type 22 (Hit % key) that equals 1.52

That’s a 22% drop (FROM Jan to March ), which in my short hand is (22dn)
It’s fair to say, that NEM eps is trending down. To see a 22% drop, however is catastrophic, for the stocks price.

So, based on this information, I‘m more inclined to short NEM, and expect deeper discounts in price before I buy it.
I now hope you see the relevance, forward eps estimates, are in determining the stock’s future price. I certainly do.

Speaking of BUY on FEB 25/26, I was screaming on Tim Knight’s site , (short GDX), But alas, I was in a forest full of trees, and no one could hear me. (And then the Market CRASHED) beanie was screaming short PCU, very few heard him.
http://beanie11111.blogspot.com/


By the way, GDX was perfectly double topped, feb 26th. AND the Put returned (&%$#^) amount of profits…

So, just you keep in mind, EXBD AND DIA posts, because this will all tie together, in the next few posts.

Link to Yahoo 07/08 eps estimates
http://finance.yahoo.com/q/ae?s=eeft

link to CNN to verify Yahoo 07/08 estimated earnings. , used randomly 5 per 100 posts. http://money.cnn.com/data/earnings/index.html

If you want to check 100’s of EPS’s at once on Yahoo, Type in a string of companies in the Enter Symbols BOX, then click edit, and set up the page, with the drag down menu’s provided by Yahoo.