Value Investing in Sanrio vs the Hello Kitty PremiumGuest Post
Sanrio Company, Ltd. (TYO:8136) (OTCMKTS:SNROF) shares have taken a beating the past several months and really got hammered last week — “blame” Goldman Sachs Group Inc (NYSE:GS) for the latter, as it appears that its post-earnings report casting undue pessimism and uncertainty on Sanrio’s business model fueled the selloff and compelled Morgan Stanley (NYSE:MS) -MUFG Securities to publish a copycat note. (Sanrio’s statement emphasizing profit . . .
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