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Pilgrim's Pride Corp. (CHX) Message Board

  • dr_jekel dr_jekel May 8, 1998 12:15 PM Flag

    check that- all time high

    chx not only testing 52wk high but all time high. We need split
    announcement at 22-24 to drive this stock to 26-30. I think about 15 per share would be a nice trading target price post split.

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    • Dont count your chx$ before they hatch, I love this stock, its like a great bond. I hope your right but 26-30 is far from 17. ? Whats your time frame for this move up?

      • 1 Reply to stugots2000
      • Unlike most posts I have read I try to offer a
        little analysis with my posts. I spend 2 to 4 hours each
        day researching stocks.
        And I realy like chx. I am
        hoping for record profits. Year ago
        EPS was 1.49 and
        this year estimate is 1.40. I think it will beat
        estimates for each quarter; I would love for it to beat the

        .68 of sept '97 but I doubt that will happen. Will
        chx beat 1997
        eps of 1.49, most likely. I never
        want to post all hype. We will find resistance through
        the 17's and serious resistance again at 20,
        regardless of earnings. CHX ain't AOL. Once we are
        past
        20 at about the 24+ level we need a split
        announcement to
        ever see 26-30. However, like any stock
        sometimes earnings doesn't matter, momentum and director
        timing is key. In the past thirteen years they really
        have never had an opportunity to do any thing like
        this with the stock. It will be very interesting to
        see how it is handled.

        Do I plan on buying
        more chx? yes
        Has volume the past couple of days
        bothered me? yes
        Do I like the fact the stock is up
        3/16 ? yes
        When do I think we will see 20 ? End of
        summer rally

        Caution statement: Remember I'm just
        an ol ag teacher from arkansas and this is only my
        humble opinion. By the way I do own some AOL and hell
        yes aol is overvalued--it is and will be a momentum
        play. Hype, hype and more hype...but you've got to love
        it.