« REVIEW: Food Empire | Home | Buy: Sino-Env »
SELL: Food Empire
By Pehon | January 11, 2007
Food Empire Shares has performed extremely well over the least 1 week for me. Its formed 2 gaps over the last 4 days, and surged to a high of 40% from my purchase price.
Its a matter of time the stock will correct itself, with the previous base formed at the $0.590 level. Revert to sell over the previous review due to the large fall in price after peaking, implying a large correction soon.
“Had the stock not fall >10% from the peak, the stock would not have been sold”
“Always sell a little too soon. Otherwise the chance will be lost should the stock turn sour.”
SELL Food Empire, Should fall to $0.68-0.75 level from here.
Sold at $0.79, 32.7% gain from buy price.
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