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  • yourdeadmeat69 yourdeadmeat69 Jul 3, 2011 9:19 PM Flag

    Monster Bull Flag

    finishing at near the high of the day.

    12 in sight.

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    • I hope they can keep it under $12.50 as of July 15. I wrote some $12.50 puts, and would prefer to end up with the shares. But frankly, I wouldn't be surprise if HOGS was over $15 within 2 weeks. Then again, I wouldn't be surprised if it was under $8 (but I would be ready to load up the truck)!

      • 1 Reply to ethan9823443
      • Unlike gold and silver, some of this commodity run in the China arena has a flavor of the month to it.

        But it is so basic, and pork is so yummy, you can't believe why it isn't a staple in that country that grows like a weed as folks enter middle class and can afford it.

        This company if real, reminds me of Silver Wheaton, which works at silver flows rather than mining. This is pork processing, if I am reading it correctly, and that's how it makes its money. It reminds me of companies that supply drilling capability to oil companies.

        The $8 to $15 and back again scenario is a stock traders delight, with a positive bias based on the fundamental structure of business I have just described, however badly.

        It's a WONDERFUL speculative buy for so many reasons to trade.