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  • Hedge Funds: Forced Selling Provides Opportunities  [View article]
    Financial institutions and hedge funds are in some sort of "foreclosure" [forced liquidation].

    Companies like FCX and POT are not going out off business. Regardless of a state of economy people must eat, drink, get medical care and move around (transportation). One may drive an old car for a long time but his/her car still need "new" gas (there is no way to use "old" already used gas).

    Consequently, companies, in the mentioned above sectors, are still will be around doing business regardless...

    Consequently, POT may not be going back to $250 but, with the present PE ~6, it easy can double in price as soon as the present panic is over. Otherwise, it management will start a major shares buyback programs.
    Oct 25 12:14 pm |Rating: 0 0 |Link to Comment
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