Roger's 1997 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1997 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Timoteo who wrote (4980)	8/27/1997 4:24:00 PM
From: Roger A. Babb	of 9285

Timoteo and ALL, Re: Hudson Foods HFI Folks I need some help understanding why this stock is going up. The bad hamburger recall and plant closing is going to cause a writeoff on the order of one year's earnings. They have lost their largest customer (Burger King) which was 25% of sales, may lose more. The bad reputation could also affect chicken sales to the fast food chains. Now tell me, why did some analyst upgrade them today and why are they up over $1 back to same levels as before the poison hamburgers? This is not logical to me, so I started shorting. But I am out of my usual tech stock field and thus uncomfortable with it. Need some advice.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next