Today also we will see the same show as yesterday.
But I see lot of momentum and buying at 9.60 , which is very good and bullish sign.
I am not sure if it will touch 10 this week , but sure till Jan end , it will go upto 10.40.
Simple logic , if big money have to bring down the stock , they could have very well done when stock jumped from 8.89 - 9.84 , dropped dead to 9.55 and risen again to 9.89.
During that fall and rise , almost 10 million shares were exchanged. and that was primarily sold for profit by retail investors but hedge funds were net buyer.
so hold till you can ...
Today till Friday DF will be in downward trend.
Till all the options gets materialised, also there will be overall market correction that will bring down DF.
DF is not going to go above 10 till friday.
But the base is getting created for higher run.
If it holds 9.80 average for another 7-10 days. That will boost its 200 days moving average close to 10. That will enable traders to create new positions.
Even though butterfat prices are on rise, Retail milk prices are high but manufacturing cost has reduced so it is good for DF . Also there is inflation in every sector and DF can increase milk price without much pain.
JAN end - DF 10.50
JUN end DF 12.00 if legislation to stop milk futures passes.
even at 10.30 to 10.35 , lots of buying happening.
Also remember Short has to cover about 8million shares. and they are already
making aroubd 1$ loss, when they cover , it will go above 11$.
But in the case of DF , It is Whatever goes down, will come up if better managed and if it shows the good results as 2009 quarters.
It has to wait till results are out , It has to wait till some one upgrades it. It has to wait till another investor or corporation sees values in the stock.
Till that time , just hang on. Sometimes it is better to wait and hatch the egg rather than
shaking the egg and ruining the egg.
You are correct , Dow is going to get pulled down. it may pull down DF little bit but not that much , may be we will see 9.80 - 10 again.
Once all QE2 money spent , DOW has to come down , unless QE3 is out. But QE3 will not happen considering divided congress , and that's why
David must be investing in inflationary stock that are already down but only way is to go up.
DELL at DAVOS gave slight glimpse of 2010 results and I am buying more DELL shares now as it will go up to 15 and whoever as strangle the stock in the option or shorted or sold the CALL , will be in BIG trouble.
Big guys are accumulating the stock.
I also doubled my shares. At This price , I am sure you will not get DELL shares.
If it goes to 12$ ,I will quadruple , may be
I can have all 12B$ Cash by myself.
I am NOT WORRIED.
By 16th FEB , all shorties will run like RAT for the shelters. Longers will CRUSH those shorties.
Please short some more , so I can double my profits.
Big jump will happen this week and DELL will jump above 13.70.
Call option trend is showing more positive for DELL in just 10 minutes.
You misspelled the amount. It is run towards 15.
Still in the accumulation phase, once done. It will jump 30-40 cents in no time.
All the computer vendors , Software or Servies or Hardware showing excellent results and DELL is
also not an exception.
I see lot of movement in CALL options and towards upside momentum.
Joke till it goes up to 15$ ,
DELL is going to announce 15B+ in revenue and
1.5b +- 5% in net profit last quarter.
i.e. almost 33% to 50% more since last year/quarter.
HAVE FUN , go to VEGAS..
DF will be back again to 10-10.10 range. If you want , this is good buying opportunity.
Once results are out. It will fly upto 11.30.
Vanguard has also accumulated 700K shares and that also 8.9$ average. They see value in the stock when everyone else falls.
Dow will go back to 11400 in a month but DF will preserve the value.
DELL's growth mentioned 36%, and still feel it is lowest. YES compared to AAPL and other company that showing more than 40% growth , it is low. but in absolute term , is it lowest..
In fact , I am predicting growth of 33 - 50% growth as last quarter was terrific...for all the computer hardware/software/services
JPM says 12 cents
Analyst comment 14 cents
DF announced it will meet 13 - 17 cents
My guesstimate , it will be 17 cents
Reasoning: DF's total cost cutting measure since 2009 is close to 100 million ,
Reduced headcount by 1000 employee
butterfat price which contributed to about 4 cents unanticipated cost last quarter , was down significantly so I add 4 cents to profit...
If you see the pattern , 4Q is always good for milk , ice-cream , creamer as in Christmas people buy lots of it.
All the companies have announced better results..
I don't know what JPM's interest in announcing 12 cents , but I am LONG on DF.
What will happen if DF announces 12 cents
Can it drop by 1$.
0.50 cents i.e. go back to 10$
or stay same 10.30-10.50 range
If 14 cents??
If 17-20 cents....
shorts will run to cover their AXX
immediate demand of 12 million shares...
They already are in loss of 1-1.5$ i.e. 20 million loss.. Price will shoot to 11.50 may be 12$
I think down side risks are very minimum ...
may be 30-50 cents... but upside gains are almost 50 cents to 1$
Mr. Walker , Please post the URL , shares owning in NOV timeframe , Shares owned by 15 JAN.
Their downgrade and PT of 7$.
and how they increased it to 313% now.
I also want to learn the TRUTH. & their double standard....
May be we have to report it to department who investigates shady deals...like Benie Merdoff..
like oil wheat , can it be restricted.
what's the future DF direction
Please prepare yourself for every stock to go under 5% , due to
libya sell off.
If by this week , if issue does not get resolved , Dow will drop to
11400 and next to 11000.
Oil prices above 100$ is not sustainable , Bad Luck is on our side but
we still have to prepare for the worst.... just FYI...
I think it is strategy played by computer algorithms.
If we as a ANTI-MATRIX TEAM have to survive and
defeat the algorithms , we have to think like
computers. Carrot-Stick algorithm
See the lsat three days volume and it is not impressive, option market tending towards 9.80 fair value.. Still Butterfat , milk prices are not very strong to support DF price increase.
Not a single company came out with the support for DF. I believe in the second half
DF will be star again but not in this quarter.
Investor who follow technical and charts , they might jump in to get burnt .
Investors who follow fundamentals still watching the show from distance.
Moodys upgrade might be near, But that news has been already discounted so will not have that much effect.
DF is entering its last phase of Jump & SELL by Hedge funds. so be careful...
DF at 10.10 is really tempting but would like to wait till it hits 9.9 and then I will get in.
Oil rise will again derail our economy, thats themain threat. if Obama , releases 500 million
from the oil reserve . Stock Market will boom again.
But lately , lots of bad news and few good news and Dow is also above 12K, difficult to sustain.