DOLE Foods Future Stock Price Catalysts and Trend Change
We are looking forward to a stock price trend change here and a real nice stock price run up into earnings on 05/02/13. Here are my reasons:
Sale to Itochi has closed.
All debt has been paid off. Its ZERO now.
Sale of unused acreage in Oahu Hawaii continues to yield record sale prices per acre.
CEO David Murdock is 89 years old. How long do you think this guy wants to work or will be around?
I believe the company (David Murdock) is preparing DOLE for a sale.
Activists have their eye on DOLE and will work their magic if they have to in order to increase the stock price to its full value.
There are 8,700,000+ million reasons (shares) that are short and have to be bought back at some point which will create unbelievable upside stock price pressure.
There are some big stock buyers waiting in the wings. How long will they be patient here? Its just a matter of time before DOLE's stock price pops.
If you are long I suggest you consider removing your upper sell stop orders to add some pressure to the clueless shorts who are too stupid to realize what is coming. It just one or two large shorts to buy back to get the party started. Enjoy.
As I said the other day, if you are long I suggest you consider removing your upper sell stop orders to add some pressure to the clueless shorts who are too stupid to realize what is coming. It just one or two large shorts to buy back to get the party started. The stock price is primed to start moving higher today.
Of course you can also buy at these levels and crowd out the shorts to take advantage of the coming ascent higher. Enjoy.