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reddingrunner (95.13)

NUS on sale

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January 15, 2014 – Comments (2) | RELATED TICKERS: NUS , AHL , CEDU

Buffet has often wondered why, unlike everything else, people buy stocks when their price is high and shun them when they go on sale.  

Well, due to accusations of "brainwashing" by a top Chinese official, NUS tumbled about 16% today.  Classic over-reaction. I pushed this stock last month, it still looks great.  And now it's on sale.  Act quickly, this should bounce back really fast.

In other news, top stocks on my "buy when I've got some cash" list are LUV, MEG (also down 10% today), MTRX, PRU and, for all you crybabies out there: CRY & BABY.

And I just bought AHL & CEDU along with 3 stocks off of Sabrient's 2014 Baker's Dozen: ARRS, HII & ACT (LUV & PRU are also on this list).

Happy researching! 

2 Comments – Post Your Own

#1) On January 16, 2014 at 5:55 AM, JimMartin (< 20) wrote:

I am with you on NUS.  Doing business in China has some built in risks especially given the high level of corruption there.  However, lets consider what happened.

A Journalist who has a record of attacking foreign companies claims that NUS is brainwashing it`s sales force and the share price drops almost 21%. Then around 2:30 p.m. NUS issues a Press Release basically explaining their history in China and their full compliance history and the stock cuts the loses by 5%.  Deutsche Bank also restates their belief in the company and restated their target of $150.00 and said the drop created a buying opportunity.

Has any credible Analyst  backed away from this company?  NO.  So we sell a stock based upon some "Journalist" who works the Communist Party's newspaper the People`s Daily that has a history of bashing companies?  It all depends what your tolerance is to some short term risk.  This is not the first time that NUS has been trashed in China either and has recovered and rallied.  I say if you got the dough it is time to buy.  NUS has STRONG fundamentals.

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#2) On January 16, 2014 at 5:42 PM, reddingrunner (95.13) wrote:

oh dear.

biggest mistake i've made since investing in WorldCom.

still hanging on and waiting for it to bounce back but these last two days have hurt. 

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