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Masco Corporation Message Board

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  • nick.mach nick.mach Jun 10, 2009 8:52 AM Flag

    Good morning Downgrade

    Kumbie

    The problem with using 200% gain from the low is, some one or hedge fund took out 4000 puts on Masco back in mid 2008.

    Then promptly spread rumors shorted etc...

    Once those puts were sold or exercised, the price promptly ratcheted upwards.

    On a price to sales basis, Masco is not over valued.

    The only thing over valued was this putz analysts opinion.

    Good Luck

 
MAS
25.42Jan 29 4:04 PMEST

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