when wendall murphy sold out he got stock he can only sell in increments. So he does. You know what an increment is right? You morons continue to blab and stock keeps climbing. Its going to keep going up. Enjoy the punishment.
Just looked at the insiders you mentioned. Most are from the Murphy family who have been selling their shares since the acquisition occurred. Joe Luter sold some in April. Guess he needed some cash and he has the shares to sell if he needs it. Don't put too much into insiders sales. Things are looking up, not down as you suggest.
Wow, maybe they will come in at .30 eps for the year given them a p/e of 70 although the street says .23. Next year projected 1.45 a p/e of 14.48 based on $21. The upside potential is very limited as this firm has held up well despite an 88% decline in earnings after 39 weeks. I take it you pollyanna's work for this company? We will see $18 before years end. Strong short on any upside from here.
No I do not work for them. Have you looked at hog prices. They sell about 5 million hogs a 1/4, right now they are making somewhere between 25 and 45 dollars a head. Packer margins have improved. What a you basing your statement on? You probably do not understand the hog market, Thats ok there is no law against ignorance.