chives0210 : There are traders that used technical analysis to calculate whether the price now is overvalued. it is by no means that the management is bad. Just that if buyer is to buy in right now, they should expect share price to drop at least in the short term. But then again, no one can predict the market and each trader should exercise their buy and sell call based on their own judgement and risk profile.
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What ever milk you sell, you cannot go ahead of fundamental. Its already priced on forward PE. The sell down will intense towards the closure. Fair value is around 1.50, the market is too generous.
@mamatede - liquid in the bottle doesn't mean 100% fresh. Notice the small words "UHT" there? Only Farm Fresh sells 100% fresh milk. The biggest difference is when you using it for cooking, baking or making yogurt, UHT type can spoil the entire recipe if fresh milk is needed. Definition of UHT: processing of milk involves heating milk in a continuous process to temperatures higher than 135 °C for a few seconds, cooling rapidly, and aseptically packaging in the milk into sterile containers.
A gone case! A shooting star reversal has already taken shape. Get out today anything above 1.70. Bcause it will break 1.70 and will trend lower the rest of this week.
Thanks @davidtcf for sharing milk making which i'm not interested. But then again, saying farm fresh's milk without any treatment then i will not touch or buy it. All the milk sold in the supermarket should be properly pasteurized to kill off any bacteria or viruses. This is fact.
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rr88
6,321 posts
Posted by rr88 > 2022-03-22 12:30 | Report Abuse
1.75 - 1.77 until 4pm.
After 4.00 pm it will move towards 1.70. The next few days lower than 1.60. Cut loss.