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G. Willi Food-International Ltd. Message Board

  • zolie48 zolie48 Sep 8, 2009 10:32 AM Flag

    How high to buy?

    You sure called it farv!Any other news from grapevine?I already have a boat load. Is it wise to add at this point or wait till it pulls back a bit?

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    • Nice trading today - big volume with a new high. They are presenting on Friday morning.

      • 1 Reply to greenangold
      • Well today WAS a good day. To see a spike on that kind of volume probably portends good things ahead. At least I hope so.

        But this is a very funny trader - the MM's can cause huge movement in price just by changing the spread between the bid and the ask - so I wouldn't necessarily count on a sustained rise, and i certainly wouldn't count on sustained volume.

        The company still has a lot of "history" to put behind itself - but ultimately this is a company with a bright future in a relatively recession proof business.

        No monkey business, no more purely self-serving deals.......combined with a trend of rising sales and margins, and we could see double digits next year without a problem.

        In a normal environment this is a 100 Million dollar company.

        Final bit of "free advice" from me Greenangold (and my advice is probably worth what you pay for it - lol) - but when it comes time to sell the stock - Never use an open stop limit sell order. The MM's will take the bid right down to that price and gleep your shares sure as I'm sitting here.

    • Haven't heard anything new-just that under 5 is still a buy.Wff seems to be lying low. I did e-mail him haven't heard back.

 
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