I have being contemplating doing an article on ARMH for a couple of weeks, but there are just so much good stuff and I got a bit lazy. I just read their quarterly report and thought it does an excellent job of summarizing all the key points. You can read them here: armh’ed and dangerous. I do own a position in the stock and yes it trades at a 100 p/e.
P.S. Excellent timing on the Market Rewind subscriber only S&P500 end of day model. It called the Egyptian crash perfectly by going to cash/short and now its being long for two days. Also excellent work from CSS Analytics’s DV models have traced the recent up and down moves with great precision. If you have a day time job and want to be LAZY (borrowing that from BZB), the models are great.
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