Sunday, November 9, 2008

Robert Hsu and FLR

Original post date: August 13th 2008
Removed copyright content and reposted

On a sunny June 25th, $3.000/year Asia Edge subscribers received their usual Wednesday issue fromMr. Robert Hsu.

That day the new buy was Fluor Corporation (FLR).

New Buy: Fluor Corporation
To play the economic boom in the Middle East, I want to recommend Fluor Corporation (NYSE: FLR), [REMOVED].

In the last sixty years, Fluor has [REMOVED].

Great Growth Ahead
Last year was the most [REMOVED]
. I want you to buy FLR under $200 ($100 split adjusted). I expect it to reach $240 or higher by year-end, which will give us a nice gain of 20%.

July 7th - $174

Fluor Corporation (NYSE: FLR) may receive a [REMOVED]. Continue to buy FLR under $200.

July 23rd - $87 (split adjusted)

Fluor Corporation (NYSE: FLR) announced recently that it is [REMOVED].
The stock had a 2-for-1 split late last week. I recommend that you continue to buy FLR under split-adjusted $95.

July 30th

Fluor Corporation (NYSE: FLR) has experienced significant weakness as of late, so I am moving FLR to HOLD as well. Hold FLR.

No additional news yet.

From the chart we can see that Mr. Hsu bought FLR at the worst time ever: it's historic top at $190.04 ($95.02 split adjusted).

His (and his $3.000/years paying readers) current performance (August 13th) is around -25%.

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