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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1021)6/4/2009 2:57:23 PM
From: Jibacoa  Read Replies (1) of 1404
 
FEED has had a nice % gain since the Jan. comments. <g>

bigcharts.marketwatch.com

The stock has 4Qs of significantly better revenues and earnings. But the 2ndQ results (Jun) probably won't look as good by comparison, since earnings in 2008 were $0.26/shr and the EE for 2009 are around $0.41/shr. (Earnings in the 1stQ were $0.08 on 175% better revenues.)

The stock trades around 2.3xBV with negligible LTD and +CF around $0.60 Insiders reportedly hold >30%

FEED is a significant pig breeder in China. But don't expect for the stock to benefit from the recent news about stem cells from pigs in China.<g>

news.xinhuanet.com

With some help it seems FEED could get to test the resistance at the $10 level. Not bad, but there are probably many other with even better possible % gains in the next few months. <g>

bigcharts.marketwatch.com

I think that, if I have the time, I will try to make another scan for "bottom fishing" since it is almost 6 months from the previous one.<g>

Bernard
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