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The Fresh Market (TFM -2.2%) trades lower to extend a slump that hit yesterday following shortly...

The Fresh Market (TFM -2.2%) trades lower to extend a slump that hit yesterday following shortly after a seemingly upbeat earnings report from the company sparked an initial ill-fated rally. Investors are catching warnings that they should tread carefully with TFM, as the name is gets lined up as a new momo favorite and trading disconnects from fundamentals.
Comments (3)
  • CassandraSees
    , contributor
    Comments (292) | Send Message
     
    Can someone please translate the last sentance in the above press release - - Is that English??
    30 Aug 2012, 11:48 AM Reply Like
  • TAJerrell
    , contributor
    Comments (4) | Send Message
     
    That is to say that "momentum" (momo) stock players are now promoting this stock based on its technical chart performance, which is unrelated to share price to earnings, price to growth, price to book value and other "fundamentals". Not that the momentum players are any less correct than those watching fundamentals, to be sure. A lot depends on when one gets in, and plans to get out. Stick to your trading plan and style.
    30 Aug 2012, 02:03 PM Reply Like
  • CassandraSees
    , contributor
    Comments (292) | Send Message
     
    Thank you for the translation - - Seems this could be a good news/bad news senario like what is happening to MNST
    30 Aug 2012, 04:03 PM Reply Like
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