WD #233: Ecopetrol & Colombian Oil Outlook, Selling First American & Nike, Analyzing the CHR Hansen/Novozymes Merger
Ecopetrol is a buy and Colombian oil is still flowing, making some sales in the aggressive portfolio, and analyzing a buyout of one of our European holdings.
Summary
As the market has rallied, it's time to take some profits in the aggressive portfolio. Here's why I'm selling Nike and First American Financial out of that portfolio.
There were headlines this week about Colombia banning oil drilling. These were inaccurate or at minimum misleading.
What's actually going on. Also the bull case for Ecopetrol, the Col…
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