Seeking Alpha

Shares of Smart Balance (SMBL +15.9%) roar to life off of the firm's Q4 earnings beat and...

Shares of Smart Balance (SMBL +15.9%) roar to life off of the firm's Q4 earnings beat and slightly improved guidance for 2012. The natural and organic product maker now expects net sales to grow 17%-20% this year to $320M-$330M.
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Comments (2)
  • Jorge_Oyola
    , contributor
    Comments (24) | Send Message
     
    Bravo...
    5 Mar 2012, 05:18 AM Reply Like
  • Jorge_Oyola
    , contributor
    Comments (24) | Send Message
     
    I did purchase SMBL at 6.10 on Friday March 2, 2012 expecting intraday pop and it took a nose dive the minute I purchased my lot...LOL.

     

    I do expect a good run for the following weeks to come. The earnings which were posted on Feb 23, 2012 were very impressive to say the least while HNZ did lose market share and KFT is expecting to earn 36% more than its rival SLE.

     

    I do see SMBL to meet expectation the next quarter and I am currently accumulating SMBL below 6.10.

     

    I do expect the stock to reach its 7 dollar range much quicker than the analysts are suggesting...

     

    Currently: Accumulating SMBL below 6.10 or until my capital is depleted.
    5 Mar 2012, 05:24 AM Reply Like
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