Q: Peter,
In June, I asked your opinion about WFR and it was negative. The company has earned about 44 cents in the last two quarters and they also beat the revenue expectations this quarter. Tha company is also trading close to its 52 week low. Considering the year-end tax loss selling is near and the pressure from fiscal cliff uncertainty, do you believe this is an appropriate time to buy and its better to avoid. Thanks
In June, I asked your opinion about WFR and it was negative. The company has earned about 44 cents in the last two quarters and they also beat the revenue expectations this quarter. Tha company is also trading close to its 52 week low. Considering the year-end tax loss selling is near and the pressure from fiscal cliff uncertainty, do you believe this is an appropriate time to buy and its better to avoid. Thanks