Nice little rally back up to 86, good to see, low volume though
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Nice little rally back up to 86, good to see, low volume though
Percy, Are you one of these computer users that don't know when to click or double-click? Just noticed you double posting.
If so, might be best to keep away from on-line trading:)
As always, love your enthusiasm towards HNZ. Remember, never marry a stock. It won't love you back.
BTW, I think I'm closer to Paper Tiger valuation. Would need to see a bit more a growth story before I reaching your valuation. Still, would love to be proven wrong. HNZ is my largest position.
I have a theory on the recent price weakness. When PGW off-loaded their shares, I'm guessing a lot of them went to so-called "sophisticated investors" for a quick buck. My guess is that a lot of them were buying them because it was at a discount (rather than loving the stock like Percy). Thus when Meridian came along, some were looking for another quick buck and sold their holding. When the price weakened, there were further sellers that didn't want to take a loss on their position. This sent the price to to 81c.
The recent strength has been encouraging. Hopefully, all the weak holders have gone, and we can look forward to some rational exuberance in the price after the AGM.
That makes sense.
Love HNZ,or any stock.
No. Very early on I saw HNZ set objectives.As each objective was reached I have added to my holding.I have attended all presentations and meetings.I often start off buying a small holding in a company.I like adding to my holdings as the company performs.
I listen,watch,read and keep a close eye on a number of stocks.
They do the unexpected,as Ebos did buying Masterpet,I try to figure out whether I like the new outlook/acquisition I thought Masterpet was wrong. Then I thought about it and I thought it made sense.Ebos's latest acquisition of Symbion is brilliant.I have added to my EBO holding.
First sign HNZ,EBO,etc do something I think is wrong,then I sell out.
Doing good research means I don't get it wrong very often.
It's taken the gurus at s&p a few months to go through all of snoopy's analysis and they have to a large degree agreed with him and said hnz are 'developing' which is better than the previous 'negative' they had before
still the guys at s&p still don't get it do ththey'd n the paper today