Seeking Alpha

Harsh downgrade on General Mills

  • Morgan Stanley downgrades General Mills (GIS) to an Underweight rating from Equalweight.
  • GIS -1.0% premarket
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Comments (4)
  • taemwar
    , contributor
    Comments (177) | Send Message
     
    I "underweight" all of my stocks by avoiding a large investment in any one stock. If a stock rises to a point that it represents about twice what I would normally invest, I sell about half of the dollar value in that stock. Otherwise, I buy and hold unless the company's earnings and dividends do not hold up.
    14 Jan 2014, 07:10 AM Reply Like
  • borkner
    , contributor
    Comments (128) | Send Message
     
    Thanks Morgan Stanley, so I could buy some more of GIS at a lower price!

     

    You always can depend on those analysts
    14 Jan 2014, 11:14 AM Reply Like
  • sarichter
    , contributor
    Comments (497) | Send Message
     
    Exactly... please do more of this on an annual basis. They are probably loading up themselves!
    14 Jan 2014, 12:27 PM Reply Like
  • taemwar
    , contributor
    Comments (177) | Send Message
     
    Once I read someone's approach to stock trading was to buy on downgrades since it always causes a quick sell-off and when the sell-off ends, there is no more shares available at the cut-rate prices, so the stock begins to rise. Additionally, just because there are some negatives, they are not permanent any more than positive developments last forever.
    15 Jan 2014, 09:48 AM Reply Like
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