My larger point is I just don't see the attraction of these Fortune 500 companies. You can't honestly believe that you bring a unique knowledge/skillset to the table when analyzing a company with 22 Wall St analysts following it, do you??
We get our edge on this board from turning over rocks in dark places and seeing things in companies nobody is looking for. I don't know why FCAU trades at a P/E of 5, but I believe that the market is incredibly efficient for Fortune 500 companies and there must be very good reasons why it does so.
Sold my FCAU Today at $11.07. feel I will be able to buy back cheaper, left a gap on the chart. didn't like the monthly sales number either down 7% or so. So I decided to take my small profit plan on buying back about 4-6% cheaper. time will tell. all is just my opinion, and I could always be wrong though.