Does anyone expect a bounce back tomorrow or soon? Earnings were good, I hope this was a temporary bump in the road. The price swing today was huge, I checked out the historical prices and haven't seen such a move in quite sometime so I'm a bit worried. Any longs out there? Your opinion is appreciated.
oversold? after going up 50% in a year and a PE of 20? thats what you call oversold? try overbought. Anyone holding CPB for the last 15 yrs would still be underwater as inflation and the dollar devaluation has completely wiped out any gains from dividends and it is lower in PPS now than it was in 1999 when it was trading near $50. Now go look at HRL,,,up over 240% since 1999 and returns just as much (a little lower actually) in dividends as CPB. GL!!
It goes back up almost as quick as it dropped. First time I bought this on earnings day. I usually
don't buy before earnings, but now i'll know better not to buy on earnings day, too volatile. I
couldn't believe a food stock would drop so much!!! I need 48.20 to be even , then I'll go
back to trading AWK.