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The Hershey Company Message Board

  • scott_rugh scott_rugh Jun 26, 2012 12:06 PM Flag

    Get your shorts ready

    Is this the last push before the heavy's pull the rug out?
    Does 7-10%/yoy growth over the coming 5 yrs warrant the current PE? I think investors would have preferred a better dividend instead of acquisitions. You decide.

    I have said before on this board, based on past moves, the final high price should fall around 73.49. During my last play on this stock I added my final short (jan puts) close to last peak near 69.20, road it down and took home a nice tidy 50% gain.

    Looking to play the next peak which should form between 73-73.50. Sure you could have played the move to $71 back to 68.50...I missed that one as I wait for higher prices to re-enter the trade.

    Big boys are pumping this stock hard (GS, C, Credit Suisse) for their final push to new highs, pay close to attention to any volume selling.

    If the past repeats itself this will be a long nasty slide once it begins all-ah 2005.

96.15+0.96(+1.00%)Oct 26 4:02 PMEDT