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  • yourdeadmeat69 yourdeadmeat69 Jul 19, 2011 8:40 PM Flag

    I sold my shares

    Your gloom caused you to miss some indicators. At the end of the piece, the lead, Wong I believe, was asked about action against CER, and he advised the company was considering legal action for slander.

    There's no question in my mind that there is some puffery in the statement of current business, an action to show the processing of many more hogs, some of which were unacceptable to Zhong as food material was alluded to, hence the higher throughput of carcasses and lower quantity of meat getting to market.

    The fact remains, this is a NASDAQ stock which is built on promise, not delivery yet, it shouldn't be evaluated like a bank stock.


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