Biotech Values

[DewDiligence]

[OT]—You may find the op-ed piece on China in #msg-77439088 a worthwhile read.

FWIW, I continue to accumulate beaten-down natural-resources stocks such as HES and CLF, which 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. Insiders have recently bought shares at both companies (#msg-75995329, #msg-75705739, #msg-75817830).

Also see #msg-77440933 for related info.