denensive and undervalued, page-36

forgot to mentioned I hate the title by the way :-)
I hate how people called certain stock defensive.

There is no such thing, if the business is shit and the model is weak or you got management doing wreck less things then doesn't matter that industries you in you wont make much money.

Some industries are better than other but there are always the good, the bad and the ugly.

If WOW throws money at hardware and for some reason it wont make much money out of it then doesn't matter how defensive they are their return on capital for shareholder going to be a shocker and a long comes with the share price...

not saying WOW would but if that was the case you wont see WOW price move any where or worse going backward ..

WOW price has not move much in the last 3 years in fact it price even lower than the Market bottom on March 2009.

If you buy most decent companies apart from WOW since March 2009 bottom you come out way way ahead

so is WOW defensive??? hmmm