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

To: Spekulatius who wrote (34306)	4/28/2009 10:13:10 AM
From: Paul Senior	Respond to of 79295

CPO. I'm buying now also.

To: Spekulatius who wrote (34306)	4/29/2009 10:16:05 AM
From: E_K_S	Respond to of 79295

Good call on CORN PRODUCTS INTL(NYSE: CPO) up almost 10% from their earnings report yesterday. I missed a small but at $19.50/share. It appears that the market may have over reated to their sales miss. UPDATE 1-Corn Products Q1 trails Street; cuts 2009 view reuters.com * Q1 EPS $0.22 vs est. of $0.46 * Q1 revenue $831.1 mln vs est. of $840.9 mln * Sees FY EPS of $1.70 - $2.10 April 28 (Reuters) - Corn Products International Inc (CPO.N) posted a 74 percent decline in first-quarter profit that trailed market view by a wide margin, hurt by higher net corn costs, foreign currency translations and softer volumes, and cut its 2009 profit outlook citing lower volumes. ------------------------------------------------------------ This one if caught at the right price would have provided a good "value" swing trade with a low risk entry point. EKS