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DewDiligence

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DewDiligence

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Re: DewDiligence post# 5160

Thursday, 07/12/2012 12:20:18 PM

Thursday, July 12, 2012 12:20:18 PM

Post# of 29350
I added yet again to HES and CLF today. These stocks are discounting a much more bearish global economy than I foresee.

Both stocks have minuscule P/E ratios based on any plausible 2012/2013 forecasts. Moreover, insiders have recently bought shares at both companies (#msg-75995329, #msg-75705739, #msg-75817830).

Bit the bullet on PG and sold my entire position.

FWIW

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

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