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


To: benbuffett who wrote (44183)9/1/2011 1:19:23 PM
From: Paul Senior  Respond to of 78644
 
CALM, being an egg producer, has earnings very dependent on feed prices. When in past feed prices have gone up, CALM's profits have disappeared.

My opinion is this: If someone were anticipating that agricultural prices might surge, then CALM might be considered for a short now, rather than for a buy.

Regardless, at CALM's current p/e, I find the stock to be overvalued.

Jmo, of course.