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Migao Corp MIGGF

Agriculture Agricultural Inputs


GREY:MIGGF - Post by User

Migao Corp
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Comment by bendergardenon Oct 02, 2009 9:54pm
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Post# 16359079

RE: below6.50 today

RE: below6.50 todayI took some more today at 6.50.  It won't be the low, certainly, for October, but I think between 6 and 6.50 there should be some support, given the forward earnings multiples.  I will add more if it dips again. They will be punished for a negative earnings  surprise though. Absolutely punished.  We'd best come in at consensus. That is my only concern. Of course I would just add more...

Also I think expansion news will be coming our way, as they are a hungry and aggressive company, and i think they would like to diversify.
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