Tuesday, December 27, 2005

CAG

AM

Okay, I am getting concerned with CAG. If there is more weakness in the stock today I will have to sell. The idea is to protect your capital and let profits ride. My feeling is that there may be too much uncertainty in the stock now. The market was hoping for more from the CEO last week and they did not get what they wanted. March is when more detailed info will come out. This could be a problem!

UPDATE
CAG was sold today at $20.26. I would rather step aside and wait for the CEO to get a plan together and join in when the others do. The market was expecting more than they got from the new vision.

Note: Bought at $20.89.

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