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I hope you guys are watching CALM. Another JBSS? due to ATKINS????
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calm
Where did you find this...how can we catch it??? Where will the buying taper off.....NICE FIND! -
An egg company, I love it!Comment
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CALM--nice move upward today
I got in on this one on 11/10/03 at a price of 14.88. It's an interesting stock in that it's the leader in the sector and the Adkins diet I'm sure is helping boost the demand on eggs. Their earnings potential seems great. Today it's made a nice upward move (more than 15 percent). It still looks like this one has room to go up, but do your own research before buying in.
VishComment
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CALM
This can't be a swamp member taking credit on for my picks can it?
From: "Lizard King" <[email protected]>
Date: Fri Nov 7, 2003 11:26 am
Subject: bought CALM
Cal-Maine Foods, Inc. is primarily engaged in the production,
cleaning, grading and packaging of fresh shell eggs for sale to shell
egg retailers. The Company had sales of approximately 571 million
dozen shell eggs during the fiscal year ended May 31, 2003 (fiscal
2003). It primarily markets shell eggs in the southwestern,
southeastern, mid-western and mid-Atlantic regions of the United
States. Shell eggs are sold directly by the Company primarily to
national and regional supermarket chains. Cal-Maine also produces
specialty eggs such as Eggo land's Best and Farmhouse eggs and
operates a dairy facility.
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IBD 81 93 A
these #s are pretty awesome
last Q eps 65c v (.15)
revs up 39%, 114m v 82m
Cal-Maine terminates plan to go private
Thursday November 6, 2:57 pm ET
NEW YORK, Nov 6 (Reuters) - Egg company Cal-Maine Foods Inc.
(NasdaqNM:CALM - News) said on Thursday its board voted to terminate
its previously announced going private transaction.
The current unanticipated level of egg prices, which are at near
record highs, and recent increases in the price and activity in the
company's common stock make it extremely difficult to establish a
share price that would be to fair all parties, the company said.
Cal-Maine is primarily engaged in the production, grading, packing
and sale of fresh shell eggs, and is the largest producer and
distributor of fresh shell eggs in the U.S.
Shares of Cal-Maine were halted at $10.62, up 7.7 percent on Nasdaq.
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No analyst coverage to screw things up.
Volume starting to come into this stock, as it gets discovered.
They claim in supertraders that eggs prices are benefitting from the
atkins' diet craze.Comment
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now thats a hot pickComment
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Another Good Day for CALM
Impressive day for CALM today (up almost 2 dollars and 10 percent). Hopefully this egg company keeps going up. Anyone else in on this and if so what is your target?
VishComment
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CALM up again
This one is on fire; right now it's up close to 10 percent for the day.
VishComment
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Vish,
I have been in and out of this one with some very nice gains. Have any thoughts or opinions on where the top might be. Some of the charts I look at looks like it could be headed down, but it just has so much momentum and the whole adkins thing is huge in this country. Nice call and thanks for the heads up on this one.Comment
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Originally posted by IamOrion
I really am not sure how long I will hold on to this one. BUT...all I know is that when I do get lucky enough to be able to buy this type of stock I almost always sell too early. My new rule of thumb is don't sell it until you can find something BETTER to invest in. My honest analysis seems to indicate that this stock still has some room to go. Apparently it was mentioned today in IBD. There is still no analyst coverage and volume is really starting to pick up (indicating probable interest by institutions).
I really have no "target" price that I will sell at. I probably will just wait around and see what happens. Earnings are coming out on Dec 19th and all indications seem to point to good things ahead. Take a look at the message board on yahoo for this stock; it's one of the few that seems to be filled with some very intelligent posts. People there are indicating that 6 dollars a share in earnings is not out of line. If that's the case, I see myself holding on for the ride. We'll see I guess.
VishComment
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This thing is crazy
Vish,
I got in at 24.55. This thing is going crazy, some are saying poss. earnings leak!? This is going to be a great xmas. What are your thoughts on the Flu vaccine shortage. They say it takes 4 months to make it. Do you think this will have a positive impact on CALM.Comment
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Re: This thing is crazy
As far as the flu vaccine shortage goes, I think it would be a benefit to CALM. The only problem is that it would NOT be of benefit until later on in 2004. It's too late now to begin making the vaccine for this season. It takes one egg to make one dose of flu vaccine. There is a company right now trying to make an egg-less flu vaccine, but it looks like it's years away. See the following link:Originally posted by IamOrion
As far as the stock goes, I'm just holding for now. I think it will probably pull back soon though (it's overdue).
VishComment
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I entered it when it was 13.2, Out at 18.6, in again at 19.3, out at 18.x in again at 22.5 out at 23.9, in again at 25.1 and 25.75.
I should buy and hold.
This stock has more potential, seems to be an EPS winner. JMHO.
Somebody say that it will be entered CANSLIM or IBD100 list, any positive effect ?Comment
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i bought it at 20Comment
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CALM up big....again!
Wow....up another 7 percent today. Incredible. The company was added to the IBD 100 (at number 52 I believe) and I think we are seeing the positive impact of this today. I'm still holding from my buy of 14.88 (see earlier post from Nov 13th). I'm hoping to squeeze a little bit more out of this one but don't want to get too greedy.
VishComment
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