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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: backman who wrote (99154)11/20/2003 7:53:18 PM
From: Findit  Respond to of 208838
 
Backman see my post to Bob on BCON to get additional input. It is just before this post. The move in price this week may be due to anticipation of the energy bill about to be passed in congress. Word is there is lots of pork in it and BCON may benefit. If true or not, I do not know, but the possibility could be helping the price. The weakness today is a concern for those having bought on the latest run-up. Maybe some positive news will come from the company to help get it back on track. The way it was going yesterday morning lead me to think it might continue to the $2 or $3 level within a few days. No so sure now. Still, I am not concerned about the current trade. At worst I will take a minor loss and at best I take a 50% profit.

Have a good one.

Jim