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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (33481)2/11/2009 12:10:20 AM
From: Spekulatius  Read Replies (3) of 78673
 
PEP (49.3$) &PG(51.25$) , HOO(3.82$), EONGY (31.3$), HRC (12.36$)

Picked up more PEP and PG Ditto here. I rebought some PEP sold off a few days ago and also added to my PG position.

Also rebought some HOO. Cheap water play. Decent earnings report. Also added to my old friend EONGY.

Trying for safe rinse and repeats here. It's not clear to me why the market sold off that much - it seems very much like an overreaction.

I also bought some HRC yesterday. This is a spinoff from Hillenbrand (ha- my expensive addiction to spinoffs yet again). it looks washed out, earnings estimates for this year are way down to 0.8$-1.2$). HRC is in the medical sector and sells hospital beds and other stuff. Good business until the credit crunch hit hospitals. I am betting that they will come back and I also think that they are prime takeover fodder.

I am shooting for some USB tomorrow if the panic continues.
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