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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (52668)	10/30/2013 5:34:10 PM
From: Dennis 3	Read Replies (2) of 78744

INGR - I am always a little little leery when management blames a countries' political/economic atmosphere for their woes and then the cfo retires for family reasons. ingr gets 22% sales & 30% income from south america(although they don't break out argentina i can assume it is less). I think argentina has the same policies they had this year as last yr. so i don't think managment is being completely honest. FWIW, i have been buying anf, aeo... sold of bfr a couple weeks ago for 100% gain, know buying again. i am bullish on argentina.

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