Shorting KO

Quote from cheeks:



Uptick, with you all the way on that first statement. I think there could be some great investment opportunities before this bear is over.


The chart on KO does look terrible. The company has been way overvalued for years. This stock was so over price in 1997 it was ridiculous. While it is not nearly as overpriced now as it was then, 24 times forward earnings for an 8-10% grower(maybe!) is steep in this market.

That said, KO is still a good company. The valuation is the only problem I see with it. I'm planning on buying all I can get my hands on before this Bear is over.
Gotta run, market is about to open.

Cheeks
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Warning: just bought a couple cartons of (vanilla) Coke over the weekend... looks like this new flavor is selling well. :p

So, be careful shorting with long-time KO drinkers like me out here. :eek: :D
 
Quote from iceman1:




Warning: just bought a couple cartons of (vanilla) Coke over the weekend... looks like this new flavor is selling well. :p

So, be careful shorting with long-time KO drinkers like me out here. :eek: :D
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Vanilla Coke is good.:)
 
Quote from ronbgelf:

wouldn't short any of the stocks Mr. Buffet loves and owns.
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i wouldn't base trade decisions on the opinions of one man:D


hey , I love those vanilla cokes too....but I love the stock going down even more. :)
 
you can love the product and hate the stock at the same time, I like Diet Vanilla coke. I also like mcdonalds and look at that dog stock.
 
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