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Smithfield Foods, Inc. Message Board

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  • Manboking1 Manboking1 Jan 31, 2002 11:58 PM Flag

    bigger problems than buns.....

    Chaz2,....HAL is stabilizing now between the risk is the gap at 10.75 (BOOK VALUE), and the reward could possibly be $18.

    I day traded it and currently have no position, as of the close today.

    Since the stock appears more stable now rather than day trading it for a .50 per trade target may cut it back to 0.25 per target trade.

    Basically got to have volatility and plenty of shares traded for it to be a good candidate, and HAL certanly meets the criteria.