knight722

Foster Wheeler: Solid Results, If Anyone Cares

So you made a bad investment. We all do that, even pros like you. Why trot out all your justifications that didn't pan out? And the "everyone' this and "everyone" that is worse than sarcasm, its just not true.

I bought FWLT and lost money. I continue to follow the company and its prime sectors. FWLT, MDR, and JEC are my favorite "infrastructure" plays. But I now own none of them because I believe the more probable scenarios going forward aren't priced into the equities. That includes rising inflation rates, continued tightening in the credit markets, and a failure of coherent public policies both here and abroad.

FWLT enjoyed a great day today, so now "everyone" agrees with you.