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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2378

Thursday, 02/09/2012 7:48:21 PM

Thursday, February 09, 2012 7:48:21 PM

Post# of 29588
Chávez orders PG and Coke to cut prices again:

http://www.bloomberg.com/news/2012-02-09/chavez-announces-first-price-cap-on-procter-gamble-product.html

It’s well past the time for these consumer-products companies to pack up and leave, IMO.

Perhaps there’s enough potential upside in Orinoco heavy-oil for such companies as CVX to tough it out hoping for an eventual regime change. But the upside for companies making deodorants and soft drinks would not seem to be worth it.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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