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Bunge Limited Message Board

  • waltert14 waltert14 Aug 26, 2010 3:24 PM Flag

    Technically BG In Uptrend....

    BG is in an uptrend channel and is currently at the bottom of that channel. Technicals look very good for buying in here and will go higher in the upcoming months. Economy and market can tank...AG stocks are just beginning a BULL market. BG is one of them.....BUY here...

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    • I hope you are correct but I recently liquidated most of my position since the runup from mid 40's...I am waiting for the inevitable pullback to get back in...

    • In hindsight, 8/26/10 now might be the inflection point. (Had no guts to buy more shares.)

      BG last saw 60+ in April 2010; never saw BG going <50; lets see if BG can at least hit 65 where it began 2010.

      BG is a company in transition; a value play after selling the fertilizer division (bad move) but got $billions for it. Cross your fingers no spike with another bad earnings report.


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