Monday, January 14, 2008

Stock for Tuesday-- FEED


I like this chart very much. It closed today at $11.39 on 1.2 million shares. I think 14-16 is doable very short term. Support at $10.65.In the agricultral group which is on fire.

2 comments:

Who Needs Vegas? said...

I'm with you on FEED. I've owned some shares for a couple of months, so I've had my eye on it. Hopefully it can jump tomorrow.

Helene Meisler from Realmoney.com had an interesting column today on new ETFs. They usually do poorly when they first come out.

I like the blog. I was watching DRYS as well, but did not pull the trigger to go short. Good luck.

upsidetrader said...

thanks for the interest-i'm hoping it can do what SEED did last week- if the market cooperates

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.