Weekly Market Pulse: Be Careful What You Wish For
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Be careful what you wish for lest it come true! Various of Aesop's Fables
Shinzo Abe was elected to a second term as Japanese Prime Minister in 2012
and la...
2021-12-22
Bombs Away on Cintas
Earnings are past. A beat, yet the stock drops and takes out support. I took a starter position expecting earnings wouldn't be hot, but wanted to wait until after earnings to fill out my position. I'm greenlighting this one. I like Spruce Point's case against this stock and also Avery (AVY). It's also why I have puts on POOL. I think these grow by acquisition, big conglomerates are great targets in bear market even if they are well-run companies (I haven't seen any negative report on POOL), but if there is a a whiff of financial chicanery or imprudent use of debt, they are as close to a guaranteed bear market "winner" as one can get in the markets.
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