Can the financial media read?
I was taking a look at one of the stocks I follow on this site and a couple of the news headlines caught my eye. Troubled Atlas Pipeline Partners (APL: 18.00 0.00 0.00%) released their first quarter results a couple of weeks ago and here a a couple of lingering headlines:
From TradingMarkets.com: Atlas Pipeline Holdings Q1 net loss widens
From WSJ.com: Atlas Pipeline Partners’ 1Q Loss Narrows; Volume Up
It seems that investing on the headlines can be confusing. This is why you need to understand the underlying financial fundamentals of stocks you are interested in. Right now I think APL’s stock value is much less than the value of the assets it holds and the stock can move significantly higher from this point. This is tough to swallow on a stock which has lost 80% of its value in the last year.
My point is that if you want to invest in individual stocks do your own research. Another point is that if the “experts” can disagree so much, a smart individual should be able to find ways to profit against the herd.
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