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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (42498)5/2/2011 11:37:57 AM
From: Paul Senior  Respond to of 78673
 
Nice. Nice recovery in BAX stock from lows relating to company's quality issues.

Whereas I believe managements can resolve quality issues, in this particular instance I lost confidence in BAX management's integrity, and I decided to avoid the stock.

Reversion-to-mean bets in the pharma sector have worked out well when the stumbling block has been quality issues. In my limited experience with them anyway.