TSXV:GLG.H - Post by User
Post by
bendergardenon Jul 23, 2010 7:00pm
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Post# 17293567
A steady uptrend
A steady uptrendA nice uptrend for 4 months now. Volume still low, but investors are slowly climbing on board. Nice active quarter going, with a lot of news and developments: they needed that. I am up 28% on GLG, and it was nice to see it hold so well during the recent correction.
I also bought CZZ (Cosan) the Brazilian cane and ethanol producer not all that long ago, and I am already up 25% on that one.
The other food stocks I have are BXI ( Bio extraction) up 12.8 % and ABC (Asian BioChem) which I am up 63%. I picked up some Viterra recently, no gain or loss on it yet. I keep thinking of grabbing some Sunwin, haven't got around to it yet.
Asian Bio Chem is the one to watch. About $1.10 right now. They are looking at anywhere from .25 up to .35 eps, and should hit $2.50 a share in the next 12 months, if not more. Stable corn starch business, can't beat it. I got in at .68. I think I should have sold my house and went all in at that price, looking back. Oh well.
GLTAL