Procter & Gamble Co T.PG

Primary Symbol: PG Alternate Symbol(s): N.PG

Consumer Defensive Household & Personal Products

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.

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Procter & Gamble Co

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Comment by crystalmethodon Sep 04, 2013 3:48pm

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Post# 21718298

RE:Some p.o.s. short trader

that largish short position is on the illiquid OTC market (I suspect they can cover their position with shares purchased on the TSX).

There is a PEA due out on Trans Cda soon. Recently there have been several high profile disasters in that arena (Louis James' recent touting of ITH ended in a total disaster, as did his tout on MAT). Shorters chomp at the bit looking for similar potential price action.

If Trans Cda is not economic in this current gold environment ($1350 Au)....PG will pay a price. That's the reasoning behind this short position - that and the fact that nearly everyone that follows gold believes this is a bear market rally. I'm not 100% positive Trans Cda will come out with robust numbers in this upcoming PEA, but I am 100% positive this rally in gold will lead to new highs in the medium term.

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