firboy4

Cal-Maine Foods: Buy This Golden Egg

That last remark makes me think that you work for Cal-Maine. I've been watching and trading this stock for several years and it's P/E ratio is always very low, yet the stock still seems to fluctuate between 18 and 26. So, for me, CALM is a trade, not an investment. But one good thing about it is that if I ever get stuck holding it for a while, I know that the dividends are decent. So, I'm with you on buying this stock. I actually think I bought it on Friday afternoon after having sold it early that morning.

Due to simply looking at it's 52 week chart and having traded it many times, when I was checking it out a couple of weeks ago and noticing it was down to around 20, I just knew it was due for a rebound. Either I was just lucky or maybe looking at the 52 week chart helped. But it went up to 26. I thought it would only go up to 24 though, and then drop back down to around 22 or so. It did drop back down. That's just the nature of this stock!

Anyway, one can make a nice living just trading the fairly even ebb and flow of this stock's price, and do it in the safety of knowing dividends will continue. As you said, Mr. Adams has 1/3 of the shares, so I could assume that he wants those dividends to keep coming his way.

Along with that, the whole idea of people eating eggs is in itself a good topic for much discussion, including the influences you mentioned such as population growth, fertilizer prices, etc... But all things considered, the egg business is in my opinion a rather stable business.

If Marie Antoinette had said, "Let them eat eggs." maybe she wouldn't have lost her head. Hey, it's Saturday and I'm just having my coffee before heading out on the trails.

Should You Put Your Eggs in Cal-Maine's Basket?

Great article to help me better understand this business! I made great money on this stock a couple of weeks ago, but not planning on any long term investment. I was thinking of actually holding onto the stock for a while, but it seems that might not be such a good idea. So, you might have saved me all of the money I made on it so far.

CALM Longs Walking on Eggshells

Great article and great comments too! I just made a bundle on CALM since April 1st, but own none now. I was wondering what I could expect from it for the rest of the spring into summer. So, James, anyone......can eggs be exported as a processed powder, like what restaurants often use? If so, then the demand and price for them WOULD probably go up. But I really don't know. I'm aking here. Thanks.