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The Hershey Company Message Board

  • scott_rugh scott_rugh Jun 14, 2012 9:16 AM Flag

    GS Conviction Buy List...headfake?

    Is this GS final push before the price falls out from under it? The conviction buy list, please! Are they indeed buying themselves at these lofty valuations?

    New price target of 76...7 up and possibly 20 or more down. (please review last top from oct 2005) I don't like those odds.

    The volume was strong but not unusual yesterday. I would proceed with caution. I am short HSY with Jan 60 Puts.

 
HSY
92.80+0.28(+0.30%)Aug 4 4:03 PMEDT