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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1047)1/9/2009 3:43:44 PM
From: Jibacoa  Read Replies (2) of 1404
 
FEED Has 4Qs ot triple digit improvements on revenues and better earnings. The EE are around $0.60 vs. $0.25 in 2007

The stock trades around 2.8xBV with +CF The insiders hold around 40% and in Oct announced the plan for repurchasing $10M worth of the stock at the time they lowered the guidance for 2009. FEED has >50% ROE and the Chinese eat a lot of pork. :>)

The stock closed some of its Nov13 DG on Dec17, but has continued to form a base and has been drifting down in the last 3 days.

bigcharts.marketwatch.com

I don't own any shares, but am planning on picking up some.

Bernard
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