Thursday, February 19, 2009

Morningstar

Morningstar is coming out with earnings later today. I don't think their earnings are going to be so hot. My reasoning...financial institutions are looking for all kinds of ways to cut back on expenses. Morningstar can't be immune and negatively correlated to the financials too much, they are attached at the hip. Also, over the past 2 months, executives have been disclosing sell order after sell order of personal MORN shares..
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