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Varchild2008 (84.44)

Why I am still bullish on AgFeed Industries when no one else is...

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August 21, 2008 – Comments (5) | RELATED TICKERS: FEED

(FEED)'s share price is getting slaughtered like a pig and I am just buying the crap out of it's downfall.  It's being slaughtered like a PIG!

But I am bullish on this stock for several reasons:

1)  The Negativity about Hog and Feed prices concerns mostly short-term issues:

A)  Olympics     They end next week!

B)  China's continued dumping of pork from their strategic reserves:  These reserves are not infinite and China is going to stop dumping or at least slow the pace down at some point near term.  So.. again? Who cares.

2)  The Negativity about Exports of Pork flooding into China contributing to price declines along with a whole host of other things....

I think that has little impact when you take away the Olympics and China's Strategic Reserve Dumping.

Ultimately, I see all of this negative crap on my stock as nothing for me to be concerned with.
I Really don't.  So.. I'll just suck in my chest and see what 2010 looks like for FEED.

5 Comments – Post Your Own

#1) On August 21, 2008 at 1:50 PM, Varchild2008 (84.44) wrote:

Another point is Investors are underestimating how much CASH FLOW AgFeed Industries has accumulated and the real meaning behind the new guy GERRY.

I think they spent over $200,000 + Stock Options + Ad Nauseum for Gerry for a clear reason.

AgFEED Industries isn't going to daudle and roll over and play dead because pricing is down and there's too much pork.

AgFEED is far too  cash strapped for that.  They are going to expand into other markets shortly to lesson the impact here.

I bet I won't be wrong on my guess.

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#2) On August 21, 2008 at 5:28 PM, Varchild2008 (84.44) wrote:

I want to emplore to all FEED Investors out there....

Wait for the September Investors meetings with Meryl Lynch as we all know those Meryl Lynch peeps do their homework and will hammer AgFeed Industries on the current downward trends of pork and feed pricing and the over-supply situation.

Let's see if AgFeed has an answer to these near term problems we can all be happy with.  At least that's my strategy right now.  Deal with the pathetic sell-off of my FEED stock while I wait for AgFEED to convince me to hold my shares.

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#3) On August 21, 2008 at 5:28 PM, Varchild2008 (84.44) wrote:

I want to emplore to all FEED Investors out there....

Wait for the September Investors meetings with Meryl Lynch as we all know those Meryl Lynch peeps do their homework and will hammer AgFeed Industries on the current downward trends of pork and feed pricing and the over-supply situation.

Let's see if AgFeed has an answer to these near term problems we can all be happy with.  At least that's my strategy right now.  Deal with the pathetic sell-off of my FEED stock while I wait for AgFEED to convince me to hold my shares.

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#4) On August 21, 2008 at 7:08 PM, wrote:

I think their P/E is a little too high.  That's why I own Mon, Tra, Tnh, and Pot for my agriculture stocks.

I am not a big of created my own etf, but i am considering starting a small agriculture stock one.  I would have no problem added AgFeed to that type of etf.  

But, I'm a newbee; so what do I know.  Please take my opinion with a grain of salt.

andrew

 

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#5) On August 21, 2008 at 7:53 PM, wrote:

I take that back, looking at their low forward p/e, this is definetly a company I am going to consider adding to my portfolio.

 

andrew

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