May

13

 I don't trade many individual stocks, but I have one long-term holding, which is a sleepy consumer products company with a low beta. I saw it drop for no particular reason about 10% the last two days. Then this morning the news of a downgrade from buy to hold by an analyst. Guess a few people knew about it beforehand. Classic Wall Street. Only good news is, it should rally from here.

An Anonymous Commenter comments:

The secretary of the interior and his colleagues allowed the news of the land sales last month to leak before the number or anything? Makes you wish to turn yourself in a la Willie Sutton to the authorities after the Dodgers lost.

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