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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (20359)12/29/2004 11:48:44 PM
From: blankmind  Respond to of 78753
 
John,

- i'm just saying that if Cal-mine can become the "DELL" of eggs - high volume-low cost producer - that Cal-mine can make serious $$'s - but I think Cal-mine is in a commodity business - with no one having enough of a price advantage - then I saw where Ohio is subsidizing its egg prodcuers with low cost loans - on the other hand - i just noticed there's a massive short position in the stock - per yahoo - like 8 mill shs w/ 10 mill in the float & 20 mill o/s - so CALM could go higher on short covering alone - but until I see that they can become profitable - i'd hold off - CALM now at $12.33