Dividend Channel makes a Horlicks on $HLF

Time for some Schadenfreude, I think. Forbes’ DividendChannel declares, on 17-Dec-2012, That “Top Quartile Ranked Dividend Stock HLF is Oversold”.

The stock stood at $43 at the time. Then Bill Ackman came along. It is now at $26.06.

So much for the “oversold” theory.

Counter-intuitively, in an article at Stockopedia, they discovered that strong relative strength, not weak, correlated with excess returns.

About mcturra2000

Computer programmer living in Scotland.
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