Mark Krieger

Food Stocks Deserve to Be on Your Plate

Damn..sorry about that..I thought the SA editors would of caught that error. best....mark

Basic Food Fund: Food Stocks Devour Bears

I like it alot, although I'm surprised the share price has not acted more favorably... The company is doing the right thing and sooner rather than later Wall Street will catch on and reward the stock appropriately.

Basic Food Fund: Food Stocks Devour Bears

you are right, PBY , JBLU and SCS are not food stocks-i included them because they were a big part of my portfolio and I wanted to track them. About WFMI, It's a high priced food retailer and I expect many consumer's will drop down to lower priced retailers to help ease their finacial burdens brought on by the recession. MY point is simple: Beaten down defensive stock present less risk and higher reward potential than most other equities!!


On Mar 30 03:08 PM Alan Young wrote:

> Why are SCS, JBLU, and PBY in a food index? (Did you mean PBJ?)<br/>Other
> components are a really mixed bag. CAG is about even; but IPSU is
> down -50% YTD--never mind the one-day block sale. So what's your
> point? "You have to be a glutton for punishment" to buy all these
> names just because the sector seems safe.
> Ironically, WFMI --not on your list-- is outperforming all of them:
> +60% YTD.

Basic Food Fund Skyrockets

There is no such index, because I invented it, a little bit out of neccesity to track my own holdings. I cleverly coined it the "BFF" and it kind of stuck, even though three of the components are non food related.These are my core holdings and I figured why not make my own index out of these for fun. Who knows: maybe S&P will adopt it, as a true index someday-I won't hold my breath!


On Mar 13 03:35 PM Hmm?! wrote:

> BFF?? I can find no such index on bigcharts or my online brokeredge?
> I did some looking on google too.

Basic Food Fund: Will a 5000 Dow Decimate It?

it's a joke: The market is giving no value to IPSU's cash, and it two refinery plants. The company will also be getting a $40-60 million influx of cash through business insurance interruption proceeds, as well as another $250 million to rebuild its damaged plant. This one is a classic Buffett stock--his mantra: Buy when others are fearful.. This one is the buy of the century--its only caveat; its management team is ineffective at communicating to Wall Street.

Basic Food Fund: Will a 5000 Dow Decimate It?

I think I was referring to the Wholesome Sweetner business being worth $80 million, not the mexican joint venture!


On Feb 25 09:45 AM whatswrong wrote:

> Mark,
>
> You also stated in an earlier article that IPSU 50% position in the
> Mexican joint venture had a total value of 80 mil at todays mrkt
> cap that would value IPSU core business at less that 50 mil. Any
> comments are appreciated.

The Basic Food Fund Gets Leaner

I am at a loss of words--today's drop of over 15% is fives times worst than the overall markets fall. This is supposed to be a defensive stock--I am losing my mind in this crazy market. I am tempted to buy more to average down, but they say you never want to throw good money after bad,,my thinking is, if i don't buy more, the shares will surely begin to rally


On Feb 17 11:54 AM whatswrong wrote:

> Any thoughts on IPSU hitting new 52 week low. It's trading like it's
> going out of business or has serious legal issues. In the past IPSU
> has not traded with the market like it is trading now.

The Basic Food Fund Gets Leaner

I expect the insurance proceeds will cover the lawsuits, otherwise I wouldn't be long. The shares are already priced to maximum pessimissm.


On Feb 16 08:44 PM User 358237 wrote:

> Mark, Much activity going on with this company. Whats your anticipated
> outcome on this company with all the legal challenges facing them
> ahead?
> Just curious.

The Basic Food Fund Gets Leaner

No-I still own the position,I merely forget to provide my disclosure within the article--with today's drop, I am very tempted to double down!!!


On Feb 10 11:29 AM whatswrong wrote:

> Mark, Did you sell your share in IPSU as you do not disclose after
> this article that you are long the shares. In your last article you
> disclosed you were long IPSU. Just curious.

Basic Food Fund Holds Its Own

you are right..thanks for catching the error, mark


On Feb 06 11:03 AM T2MLM wrote:

> Basic Food Fund is proving its 'mettle,' you meean, ahem

Basic Food Fund Still Outperforming the Market

Thanks for the nice words..I appreciate it. mark


On Dec 15 11:42 AM delcape wrote:

> I like your style, and your analysis. I too am long on a few of these
> issues, sometimes wishing I had waited to pull the trigger on some
> (PBY NOW). My faith &amp; experience along with your philosophy,
> encourage me to buy more on the "dips". I do, however have some apprehension
> as to returning to their previous highs. These are such uncertain
> times.
> Thanks for your columns.
> Dan

Basic Food Fund Still Outperforming the Market

I sure hope so......that would be nice, but frankly my confidence has been shaken! Mark


On Dec 15 11:57 AM Roger Knights wrote:

> Looking on the bright side, PBY's decline creates a sort of double
> bottom, doesn't it?