Generally speaking long term investing is the way to go. But unfortunately, some companies simply don’t succeed. Zooming in on an example, the SITE Centers Corp. (NYSE:SITC) share price dropped 74% in the last half decade. That’s an unpleasant experience for long term holders. And we doubt long term believers are the only worried holders, since the stock price has declined 46% over the last twelve months. It’s up 1.5% in the last seven days.
Check out our latest analysis for SITE Centers
To quote Buffett, ‘Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…’ One way to examine how market sentiment has changed over time is to look at the interaction between a company’s share price and its earnings per share (EPS).
During five years of share price growth, SITE Centers