04-23-2019: Venerable Church & Dwight Sets a Reporting Standard |
Companies which have been around for a long time on the NYSE are
more apt to set reporting, accounting and shareholder concern
standards than other newer companies. Church & Dwight Co., Inc.
(CHD) is certainly one of these better standard-setting types. We liked just about everything
about its reporting style, website, and management discussions.
However, the stock, a definite "buy and hold" stock, has not
been overlooked and recently run up considerably in price.
Charts are looking like it is heading for a correction in share
price after rumors about possible acquisition were denied by
management as having any basis. CHD is more likely to be the
one doing the acquiring, and has indeed been on that trail of
late, expanding earnings faster than revenues.
Our recent article on Church & Dwight Co., Inc. (CHD) is in the Archives Section Below.
Zenith's Active List of 39 Stocks as of 04/13/2019
(Updated once a week, usually on Saturday except when less than 5 trading days in the week.)Note: Zenith tries to pick only stocks which are shortable, but sometimes stocks appear afterward on the SEC Regulation SHO list of stocks which are not shortable, which is beyond our control. On some stocks, Zenith may hold more than the number of shares it trades in its inventory. Thus the "short" sale of such a security would technically not be a "short" sale for us and not subject to SEC rules regarding selling securities which are not deliverable. Also, stocks pop on and off the list available for shorting on successive days, so the presence of a stock on the current SHO list doesn't mean it was there at the time it was shorted.
Stocks recently restricted by SEC Rule 201 as not shortable unless we already have a position which are on our Active List include: CALX (4/11), VCEL(12/21). .
