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Strategies & Market Trends : Value Investing

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From: Spekulatius10/20/2011 12:31:13 PM
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HSP - bought a starter today. Epic earnings blowup but the stock is down 50% from the peak too. They are in some good markets ( generic biologics) but apparently overdid the cost cutting 9my opinion) and now they have to retreat to solve the quality issue and satisfy the FDA. This should take several quarters, imo but the going PE<10.

I did sell HES at 59$ yesterday to reduce oil exposure. I also reduced E and TOT. I trade into HES taking a tax loss in DVN. Worked out OK.
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