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IBDvalueinvestin (98.37)

MGPI is crashing down -0.92 on the day while DJIA is up +116



December 21, 2009 – Comments (1) | RELATED TICKERS: MGPI

Funny thing is that it was up today to $9.70 until I posted on the FOOL. Looks like fools came in and shorted without checking that its actually a turn around play, with its eps being raised for 2010 by more than double its previous estimates just a couple of weeks ago.

Samething happened to CLW when I mentioned that stock on the fool just above $10+ at the beginning of 2009 as fools shorted it initially and then it became my best performer.

1 Comments – Post Your Own

#1) On December 21, 2009 at 1:06 PM, IBDvalueinvestin (98.37) wrote:

wow, you guys forced me to cry uncle on MGPI on this 2nd dip down.

to $8.50's


Thats too bad because I really liked this stock and its joint venture signed in Nov.

Oh well, I guess I have to watch it on the sidelines now and see how low you guys will bring it before I jump back in..

You guys seem to be relentless on these low floats, DEER was crushed from $18+ to $9+ before it started rebounding.



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