David Schawel

How Low Will Sherwin-Williams Go?

You have been pumping this stock for months, and have finally realized that raw material costs are killing them. Your sense of "valuation" and what's cheap and what's not cheap is comical. Have you ever heard of multiple contraction? Even if it is cheap, the market is unwilling to pay a premium or a "normalized multiple" for this company. Shrewd investors are thankful for people like you who offer opportunities to profit due to a fundamental lack of understanding of basic behavioral finance concepts. Keep doubling up while I short this down to 45!