SCAREMONGERS IN WAL-MART (WMT) MAKE THE OPPORTUNITY BETTER
This post was previously posted on ZYX Buy Change Alert
Scaremongers are out in full force predicting dire consequences for Wal-Mart (WMT) arising out of New York Times article regarding bribery charges in Mexico. It is a great topic to gain publicity for the scaremongers. However, their predictions are not consistent with the past record of similar instances.
The crux of the issue here is Foreign Corrupt Practices Act (FCPA). History shows that a dip in stocks based on FCPA related news is almost always a buying opportunity.
The Plan
Previously we strongly recommended to not exceed 25% of the full core position.… Please click here or the title below to read more.
April 24, 2012