I think for the most part that food stocks are safe. If you are only looking at stock price, then the stocks are as risky as anything else and subject to fluctuations. But just forget about stock price today and in the next couple of years. If you are buying stocks today then its probably for the long run. We could be in this depression for years to come. Maybe 10-15 years from now you might be very happy you bought some food stocks that are paying nice dividends while you wait for a recovery.
Great Atlantic & Pacific Tea Company: Perplexing Freefall [View article]
Why should a company need to sell its story at an investment conference? Seems to me its balance sheet should speak for itself.
As for some fund dumping shares, seems like a stupid move by the fund. I think there is more to the story.
What about the sale of the Super Fresh division in MD and PA?. Thats been one of the worst kept secrets. Maybe those in the know have got wind that those stores do not have any serious buyers and are for all practical purposes ---- worthless.
Food Stocks Bite the Dust [View article]
A&P's Fruitcake Strategy [View article]
Great Atlantic & Pacific Tea Company: Perplexing Freefall [View article]
As for some fund dumping shares, seems like a stupid move by the fund. I think there is more to the story.
What about the sale of the Super Fresh division in MD and PA?. Thats been one of the worst kept secrets. Maybe those in the know have got wind that those stores do not have any serious buyers and are for all practical purposes ---- worthless.