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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (38676)8/3/2010 11:14:19 AM
From: Paul Senior  Read Replies (2) of 78475
 
SNY. I have the same concerns. I'll follow you this morning with a sale of about 50% of my shares. I show I have shares from 5/'07 with several subsequent buys as the stock has come down. While the company has continued to produce results, prospects seem to have diminished as reflected in the declining p/e. (And I view SNY going after GENZ as now being SNY's affirmation that SNY's prospects by itself might not be so good.) Whereas I'd hoped the stock would revert to mean values, after three years this has not happened. So I'll sell some, take losses, and move funds elsewhere.
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