WMS Industries, Inc. (WMS)

LongShortIndex (98.66) Submitted: 10/18/2008 2:11:20 AM : Start Price: $23.29 WMS Score: -57.43

One of few stocks in the world that seem just too expensive even though it operates in an industry outside of the FIRE sector of economy (FIRE = Financial, Insurance & Real Estate).
The valuation to earnings potential going forward is not worth it, nothing going for it on the dividend end, and there would be other companies in the sector that are much more desirable.



I'd sell this company to put my money elsewhere. In fact, I'd rather use that money and pour it across residential real estate, apartment buildings, other stocks, commodities, or bonds. Even if it survives the next decade, it will lag its peers and it will likely lag S&P 500.


SELL.


bearish on pbr, cog, io, mcf, chd, prgo, zep, psa, ccl, joe, celg, sndk, wms, brk-a, alxn, mygn, otex, apol, fun, uti, swn, goog, tm, bms, stec



These picks are within this CAPs account that is market neutral - all longs are offset by a short. All long & short picks are diversified across industries & world location to limit downside exposure. This CAPS account will maintain at the very least 20 picks and at the very most 80 picks. Picks will be ended in long/short pairs to remain neutral.

pickinmynose (< 20) Submitted: 4/17/2008 2:37:55 PM : Start Price: $35.96 WMS Score: -29.96

IGT just got hammered on its quarterly earnings, and they are the big dog in town. WMS results for the next few quarters will be no different in this recession economy, they are in the same boat.

Stock has peaked and will move back down to $25.00