Good job on the pps math. Now look up p/e ratio and see what that says.
If the market acted the same everytime NOONE would be a millionaire bc we are all tryng to take eachothers money here. Foe every wnner there must be a loser. No losers = no winners.
Also do some homework on the basics of TA (technical analysis). If expected pps is a destination for a stock, then the stocks previous chart is the roadmap. TA will teach you to read that map.
We talk about TA a lot on this site. It will help you follow along.
Bill, DrDave, anyone else,
got any suggestions for our youngest teammate to help him learn?