I work for a B/D, and years ago, when I started working for this firm, I signed a non compete.
"Yes they have access to the news..." Then why did you write:
"111 Marcus Avenue the head quarters of Hain a Superfund Site, employees don't know about it!"???
"...the Site got declared before they moved..."
I have to imagine those involved with the lease vetted the property, including the known fact that the building was located on a Superfund Site.
I'm confused (what else is new?). You appear to have two perhaps unrelated concerns; HAIN has leased space located on a Superfund Site
HAIN employees sign a non compete.
I'm cool with both, hence, neither are an investment concern to me.
P.S. According to wiki, there are about 16 Superfund Sites in Nassau County.....
Woogie, Joke all you want, I saw the non-compete with the General release from suing. Yes they have access to the news but the Site got declared before they moved, how many were as curious to check out the site after reading a very strange non-compete with a general release? Are you in business? Have you ever seen one that waves your right to sue in general?
"...employees don't know about it! "
Are you suggesting that HAIN employees never have access to any form of news? (not even Newsday?)
"They were asked to sign away their rights within a non compete! LMAO! Sneaky! Still libel I would think?"
Newsflash: non competes have been around for decades. That said, often they do not hold any water. (see how I was able to use the word "water"?).
"Officers drink bottled water and not the staff!"
Are you suggesting that HAIN employees don't ever drink bottled water while at work? Are the water fountains sourced to an onsite water well?
P.S. It sure is FUN! to recycle posts.
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111 Marcus Avenue the head quarters of Hain a Superfund Site, employees don't know about it! They were asked to sign away their rights within a non compete! LMAO! Sneaky! Still libel I would think?
Officers drink bottled water and not the staff!
Also more layoffs to make numbers, no internal growth! It will catch up with them, stay away, get out if your ahead don't wait! Management sucks!
Sentiment: Strong Sell
I took profit on HAIN a few days ago and WWAV, RAI, MO before close yesterday. Ready to buy more at a better price.
Hain Pure Protein is the fastest growth segment for HAIN. This now accounts for 17% of sales and is still growing at a 30% clip. Notes from the 10Q suggests they are building new facilities to expand this segment to meet demand. I love this segment.
@ $49.34. It can go as high at $50.50. Support now sits at $41.09. We are overbought on a 1 year and 5 year chart now. I think you have to wait for that gap to fill from before earnings before you look at buying again.
Its been a huge run. I paired my HAIN and WWAV back to the core positions. They both had great earnings, but valuations are starting to get expensive again with HAIN @ 21x forward earnings and WWAV @ 28x forward earnings. Time to wait for another pullback to do more buying.
You read my mind lol. Taking a little off at $49.I had the order open, but haven't had a chance to see if it went through today.
Well HAIN is almost at 49 bucks.
From what I can tell, you've been pretty darn accurate re HAIN, and with that said, I wouldn't be surprised if the next post you write is one that states you have taken some off the table, after another nice buy.
Me? Still holding.....
Once nice thing about a stock getting crush so far so fast. HAIN has no real resistance till it gets back to above $49. Support now become that $43 level where it broke out.
This has been such a huge investment since the low. Earnings returned to growth. The new initiatives are working. I am really optimistic about HAIN's growth going forward.
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