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IBDvalueinvestin (98.48)

Theory Works Again, you wanna buy a stock for a cheaper price? Just say buy on caps



November 12, 2009 – Comments (2) | RELATED TICKERS: CAGC.PK.DL

and the stock price will dive for a cheaper entry point. Today I thought I wasn't gonna work on CAGC because it posted .81 eps and raised revenue guidance from $60M to $70M. But to my pleasant surprise it worked again. Stock tanked from $18.50+ to $17.51 currently. Thank you guys for the cheap shares. You are all so predictable. You know who I am talking about ? Mr. Hedge fund man.

2 Comments – Post Your Own

#1) On November 12, 2009 at 11:29 AM, IBDvalueinvestin (98.48) wrote:

I rather trust in Carlyle Group which took a 16.5 percent stake in China Agritech AP (Tue, Oct 20) Thats why I am loading the boat here in the $17's with CAGC. Who keeps selling me the cheap shares? Raise your hand.

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#2) On November 12, 2009 at 11:38 AM, Teacherman1 (< 20) wrote:

Hey, at least you can do it just by saying it.

It seems I have to actually buy to get it to go down, and sell to get it to go up. 

I didn't own this one, so I guess I can't raise my hand.

Interesting theory.

Have a nice day. 

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