RE:TrajectoryFOOD needed to pullback and consolidate. Like I have mentioned it is neccessary and healthy.
The bought deal, though, strategically smart almost always paralysis a stock until it closes. This bought deal just closed.
These two things coupled together have brought FOOD to a level of support in the low $10s. It has bounced off of it.
I think we either tread water at this level for a bit as we slowly make our way back up. Quarterly results are about 30-35 days away. The market will give FOOD its just reward as we move closer to results.
I still believe this is a good company with a bright future.
glta :)