Gixene
11 years ago
chrisaetos777, I was right. If you recall I made the following statement on May 5, 2014.
AEG) seems to be in a horizontal channel with a possible symmetrical triangle beginning to form. I believe the day you bought into your position is when the PPS was that the height of the top line channel. Short term, the PPS seems that it could fall down to the $8.70 range.
It would be difficult to speculate of where the current PPS of Aegon N.V (AEG) will be heading. There are many different factors of which could impact the direction. There is support at the $8.50 range which (AEG) bounced off of on May 15, 2014. There is actually a second support right below the $8.50 range which has not yet been tested. There is resistance at the $8.75 range. Not to mention the current volatile market. It seems that (AEG)'s trend is very sensitive to the market's volatility. Should the market dip further on May 16, 2014 then these supports could broken. (AEG) signaled a bullish candlestick pattern on May 15, 2014. Confirmation on this pattern awaits. Like I said, many different factors. Tomorrow will be an interesting day for (AEG).
www.nasdaq.com/symbol/aeg/guru-analysis
http://www.nasdaq.com/symbol/aeg/guru-analysis/graham#anchor2
Seems like (AEG) isn't much of an attractive stock for any guru.
i am still researching,
Have you found any new research since your last post?
Gixene
11 years ago
chrisaetos777, you're welcome. Dividends could be a reason why they're holding. Though I was talking specifically about the possible short-term direction of PPS.
Thought I am getting contradicting facts as of the BV, and the PPS.
I have never seen two sources with the same BVPS on the same stock. Though the source's BVPS are often very close to another. One site I see shows a BVPS of $16.53 for Aegon N.V. (AEG). Though the broker I use shows a BVPS of $16.58. I wouldn't fret over a $0.05 difference in BVPS's. If I had to go with one, I would go with the broker I use because I simply trust their information more so than other sources.
However; what do you mean by "contradicting facts of the PPS" exactly? There should not be one source that has a different PPS for (AEG) or any other stock for that matter. Though be sure to check how often that source provides updates to the PPS. Some sources have a time delay anywhere from 5 minutes to 20 or 25 minutes. There are a few sources who provide real-time PPS updates, your broker should be one of them. If your looking at the PPS during after hours, you'll still have this problem. Once again, your broker should provide real time after hours PPS updates.
Hope I answered your question correctly.
Gixene
11 years ago
chrisaetos777, interesting. I have not made a mistake such as that, though I have heard of others doing so. I'm unsure of what I would do if I was in that particular scenario. I would most likely keep stops tight and look deeper into the fundamentals, but specifically the charts.
thought, spikes like this do not happen by accident.
Wrong, spikes like today or the day when you bought into your position are frequent when looking at (AEG). Look at the Beta, it's at 2.15. That means that the (AEG) is 115% more volatile than the market. To give you an idea, (AEG) currently ranks 365 out of 6,747 based on volatility when using a screener. So it's safe to say that price movements both up and down are common here, not to mention the gaps.
(AEG) seems to be in a horizontal channel with a possible symmetrical triangle beginning to form. I believe the day you bought into your position is when the PPS was that the height of the top line channel. Short term, the PPS seems that it could fall down to the $8.70 range.