For all those considering investing in Calavo, Know this: This stock will scare the hell out of you before it makes you RICH. It does it over and over. I have lived through the scary pull backs many times. Calavo has always bounced back, and delivered me a pile of money each time. So when you find yourself honestly scared, underwater, and about to dump your shares, and I mean sweating, that is actually the time to buy buy buy CVGW. It is all about guts and timing. Good luck.
There you have it. CVGW gave us all a nice scare, and then took off like a rocket as usual. Perfect test of the $15 area on the chart. Support held and the up bounce was ferocious. I think some of the folks running the funds that are in the SP 600 want more CVGW. I have been thinking that they are shaking out the weak hands holding Calavo, and buying up those shares for themselves. My target is $27.28 on CVGW, and I will get it. So will you all if you can survive these games played by the big firms. have fun, good luck!
Periodic hiding under the desk Louis... actually, I'm in the gold patch most of the time since it is requires close attention lately.
Small cap stocks are getting bruised with expiration activity, concern about the ability to capitalize in the coming year and of course profit taking and repositioning of portfolios... Not a great time for holders of the stocks involved and accelerating the sell action as fear of holding in this environment and the unknown factors forward seem to perpetuate the process....one of the major pitfalls of owning a small cap fund/stock...that of volatility.