A Post Related to Investing
I was scanning my watchlist and noticed something interesting in the picks for HQ Sustainable Maritime (HQS). This is a small company out of China that raises fish and processes and sells fish by products.
Valuation and fundamentals look great. Single digit PE, selling at 60% of book value, no debt, growing earnings. Should be like shooting fish in a barrel (pun intended).
The stock carries a five-star rating. 280 outperforms, only 11 underperforms.
Here's the interesting part. Only 21 of those 291 active ratings are in the green. Over 90% of the players rating this stock got it wrong. All 11 red thumbs are making positive CAPS points on it. That leaves only 10 correct green thumb picks out of 280.
The Fool has shown that CAPS ratings are correlated to performance, but this one sure fooled the Fools.
Current market cap is only $67 mill and I don't know if it's ratable under the new rules. Even if it is, I have no clue which way to go. Dirt cheap says green thumb; pick record says the red thumb brigade has it right.
I don't see any investable intelligence out of this, just a little interesting trivia.
Hadn't planned on posting this, but dragonLZ wanted an investing or stock post, so....
Chime in if you have any thoughts on HQS or just want to share your opinion on Social Security, the deficit or whatever.
Disclosure: No position in HQS, but I do like Tilapia.