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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹🐝🐝🐝🐝 SILVER
SHREWD   😊 😞
Number: of 15056 
Subject: Re: HSY getting hammered
Date: 03/04/2024 10:52 AM
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Not sure why getting hit

There was another downgrade, the price has been falling for a while, management's outlook for the year was poor, and the high cocoa prices are a good narrative for traders.

As you can imagine, I'm pretty stubborn about my opinions, so I'm not selling. Even through the high cocoa prices are actually an issue, not just a story.

I waited a number of years for what I thought was a good entry. In that situation I don't sweat too hard about the (usually transient) bad news that dominates at such times.

Jim
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