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The Procter & Gamble Company Message Board

  • kramarz003 kramarz003 Nov 8, 2012 10:35 AM Flag

    PG earnings were obviously sell on the news

    It's been going down since Cramer started touting it.


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    • P&G exceeded EPS estimates in the 1st Qtr ending September 2012. I suspect the stock price has been going down in the last few days (as have most stocks) on the basis of some investors and particularly mutual funds looking to "lock in" gains now on the belief no action will be forthcoming on the tax increases on capital gains and dividends effective Jnauary 1st. Many want to lock in gains now for the quarter and calendar year for their score cards on the fear (real or not) that the market will swing wildly through the end of the year.

      If you're long-term P&G I wouold recommend holding versus trying to time/game any of these swings.

      Sentiment: Buy

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