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Meat stocks stumble a bit with a new report tying consumption of red meat to heart disease...

Meat stocks stumble a bit with a new report tying consumption of red meat to heart disease getting some discussion. Decliners: Smithfield Foods (SFD) -2.8%, Tyson Foods (TSN) -2.2%, Hormel Foods HRL -0.5%, Sanderson Farms (SAFM) -0.8%.
Comments (2)
  • STDvooh
    , contributor
    Comments (641) | Send Message
     
    Good News! If the price of red meat goes down, because of that "scare" report, then I'll buy a lot more of it to fill the freezer, and take a careful look at "meat" stocks for good fundamental buys, as I doubt that the majority of Americans (at least) won't become a nation of Tofu eaters anytime soon.
    8 Apr 2013, 02:53 PM Reply Like
  • Brian Bobbitt
    , contributor
    Comments (1874) | Send Message
     
    With all emotional moves, the reverse can be traded the next day for a snap back. I don't follow those 'meat' stocks, but if you do, look for one that is over sold and buy it for The snapback in the AM, and learn to be a day trader, get in late in the day, and out as soon as it 'snaps back' in the AM.
    Just a thought. I call those. "Quick-Pix".
    Capt. Brian
    The Lost Navigator
    8 Apr 2013, 10:52 PM Reply Like
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