Elroy,
Please sell my EDEN and place all of the proceeds into N.
I apologize for the Thursday trade and I realize that this is a reversal of yesterday's trade. However, I need to lock in the benefit of my dumb luck, and believe me, it was dumb luck.
Regards,
Glenn
World Food Shortage Stock Plays
04/17/08 - 09:28 AM EDT
Food prices have risen more than 40% in the past 12 months. And the sharp rise has, in part, led to food shortages that have prompted massive riots in Egypt, Haiti and China. And now the UN is forecasting more food shortages.
With about 40% of the world's agricultural land seriously degraded and oil prices at record levels, prices of feed poultry and dairy cows are causing prices of wheat, soybean and maize to skyrocket.
With overall crop outputs lagging demand, desperate farmers who wish to capitalize off record prices are now using a wide array of organic and inorganic fertilizers to help boost production.
With this in mind, we have set up a World Food Shortage Plays portfolio on Stockpickr.com to help develop stock ideas to capitalize off this global trend.
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Another stock that makes the World Food Shortage Plays portfolio is Eden Biosciences (EDEN - Cramer's Take - Stockpickr), a below-the-radar company that produces Messenger, a highly effective and revolutionary agricultural product.
If you talk to any serious horticulturalists, they likely love the Messenger product. Discovered at Cornell University's School of Agriculture, Messenger taps protein molecules inside plants that trigger certain responses in cells that help them grow, to make them resist disease and to produce additional flower and fruit.
The farmers love this stuff and they want their crops to grow; Eden, a micro-cap stock, is likely to benefit.
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us.rd.yahoo.com*http://www.thestreet.com/_yahoo/newsanalysis/stockpickr/10412327.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA |
