Don't MISINTERPRET MY BULLISHNESS on DPS!! DPS = dead this year
Just want to correct DemonDoug and any one else out there thinking I am overly bullish on Dr. Pepper Snapple Group.
Look.. I like the company's future. But my sights for earning any kind of Profit on DPS is frankly set on "hold" until 2010.
Anyone getting into DPS today thinking they'll do well by the end of this year is incredibly misunderstanding my words.
Look.. The California Factory won't be in operation until 2010 and given the Decline in Sales Volume and the lack of Food Products or Baby Food Products and Lack of International Sales.....
DPS needs a Catalyst for the stock price to go up. That catalyst (unfortunately) won't happen over night. It happens in 2010.
So investing in DPS is simple from where I stand.
I plan to slowly scoop up shares of DPS especially when I see the stock price plummet dramatically. If I have some money to invest... I'll buy DPS this year and next year.
But... I do so knowing full well that my profit is 2010. I never said DPS is going to be huge next week or next month. If I mislead people to believe that that's what I think then I will be careful with my words from now on.