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SunOpta Inc. Message Board

  • speculativeinvestor speculativeinvestor Apr 27, 2006 10:09 AM Flag

    You're crazy holding into earnings


    take the profits. Even if Kendall announces a good quarter, and probably will, he could cast a very cloudy picture of the future due to poor weather and crops.

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    • Last but not least, our track record speaks for itself. Our strategy has worked very well.

      I have a hard time listening to anyone who does not believe in a company that makes 12,000 organic and natural food products. How is your strategy doing?

    • and my two cents:

      Why suggest others sell when you do not own the stock yourself? I don't go to the PEIX board and tell people to sell. I don't go to the UNFI board and tell people to sell. Your motives and your reasoning are marred by the fact that you do not own the stock. The stock is not at $4.27 anymore and it is not going back there or anywhere close. I'm hardly cocky. I'm prudent. You don't sell an organic food stock. You buy and hold it.

    • JK wouldn't do that for the simple reason that last year's harvest is what's supplying 2006 sales (scope the 12/31 filing or annual report for the inventory surge with explanation). If the 2006 crops withered on the vine (except strawberries!) it would decimate 2007 and they haven't issued guidance that far out.

    • That's rather speculative, wouldn't you say? There is no indication that weather might be bad. The company sources fruit from over 40 countries and sources ingredients from many other areas. There is no declining demand for organic food and there is certainly no declining demand for ethanol. There are two rules when using this stock that have put me up 250% in 14 months. One, never sell the stock. Two, always buy more of it. To date, no one else here can claim larger gains than those that have bought and held. I'm willing to risk all of my gains to help the organic farmers and the company. In the meantime, I'll be continuing to buy the stock and eat organic food.

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