I'm seeing good companies with manageable (put not non-existent risk) getting hammered daily. These include copper plays, pharmaceuticals, IO plays that are below cash backing, oilers that are below cash backing. If Kohler was right this cash would jump at it. That cash will when they go up. It is ball-less cash from tight little ninnies that never took a risk in their lives and never will (perceived that is as the day they take the risk it will be a higher risk than today).
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- Doom and Gloom Thursday, 13 November, 2014
I'm seeing good companies with manageable (put not non-existent...
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