After listening to the upbeat call (sans weather related situation) ,I would think analyst upgrades should be forthcoming.
Of course the brethren that have accounted for the percentage wise large short position would have their fanny's hanging out in the wind if the upgrades with $100 plus price targets hit the wires today.
So the game is to let them cover over the next day or so , go long at lower prices and then announce the upgrades.
Sanderson Farms (SAFM) Tops Q1 EPS by 25c
StreetInsider - 6:34 AM ET
Sanderson Farms reported Q1 EPS of $2.87, $0.25 better than the analyst estimate of $2.62. Revenue for the quarter came in at $667.4 million versus the consensus estimate of $638.92 million.