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stock trading sharp, looks good for next week greenery
S___T____T___K (pure bird flu play) strong buy
bizzare 60k buy @ .4821 late after hours...eom
i hear yah, theres always someone who wants to sell their shares cheap..
the volume spiked really quick, sttk has strong support, but why the strong interest all ofa sudden? makes me wonder
STTK being good to me =) holding it for may
breaking out on technicals =) no news, and STTK is getting a lot of attention looking great, hold this one folks
anyone talk to NEIL about a pr tomorrow?
would someone buy!!!! 6 X 1!!
DJ Pilgrim's Pride Blames 2Q Loss On High Poultry Supplies
.
By Alex Davidson
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Excess poultry supplies stemming from avian-flu fears led Pilgrim's Pride Corp. (PPC) to post a fiscal second-quarter loss, as the company said it will start cutting production in the hope of regaining pricing power.
The Pittsburg, Texas, chicken and turkey producer swung to a loss of $32 million, or 48 cents a share, from a year-ago profit of $56.4 million, or 85 cents a share. Sales for the three months ended April 1 fell to $1.27 billion from $1.38 billion a year ago.
Analysts polled by Thomson First Call forecast a loss, on average, of 32 cents a share on sales of $1.34 billion.
O.B. Goolsby Jr., president and chief executive of Pilgrim's Pride, addressed the oversupply issue during the company's earnings conference call Tuesday: "We are taking steps to control production to reduce excess summer inventories."
Shares of Pilgrim's Pride recently traded at $27.25, up $1.38, or 5.3%, on volume of 2.7 million shares compared with its average daily volume of 1.4 million shares.
Pilgrim's Pride said it will reduce its weekly slaughter rate of about 3%, starting in July, which is about 830,000 head per week. Executives said they didn't know if competitors would follow suit or offer alternative suggestions to reduce poultry inventories.
One competitor, Tyson Foods Inc. (TSN), the nation's largest meat producer, posted a fiscal second-quarter loss Monday, also citing bird-flu fears and the related protein glut.
The H5N1 avian-influenza virus hasn't been found in the U.S., but the flu has infected poultry or wild birds in almost 50 countries since late 2003, according to the Centers for Disease Control and Prevention.
In addition to reducing its slaughter rate, Pilgrim's Pride said in a statement it will cut capital investment for fiscal 2006 by between $25 million to $40 million, meaning it will spend between $140 million to $175 million during the year on capital investment.
"We believe that by taking these actions at a time of the year when chicken consumption normally increases, we will better balance our production with demand for the remainder of the year and strengthen our competitive position," Goolsby said in a statement. "Reducing overall supply to better match demand is an important component in helping return the industry to profitability."
Pilgrim's Pride executives wouldn't provide guidance for upcoming quarters. Executives did say, however, that current poultry-industry trends are improving compared to the second-quarter environment, which was behind the company's current loss.
Chief Financial Officer Richard Cogdill said Pilgrim's Pride would maintain its current dividend despite the second-quarter loss.
JPMorgan analyst Pablo Zuanic said in a research note that Pilgrim's Pride sounded more cautious on the poultry industry near-term compared to Tyson.
"While we appreciate the long-term upside potential for chicken stocks, we believe the recent run-up is premature, and believe the medium-term risks should not be downplayed," the analyst said.
Zuanic doesn't own shares in Pilgrim's Pride. JPMorgan has an investment-banking relationship with Pilgrim's Pride.
-By Alex Davidson, Dow Jones Newswires; 201-938-5394; alex.davidson@dowjones.com
(END) Dow Jones Newswires
May 02, 2006 13:46 ET (17:46 GMT)
Copyright (c) 2006 Dow Jones & Company, Inc.- - 01 46 PM EDT 05-02-06
**Brought to you by Scottrader, a product of Scottrade Inc**
Report: Federal Bird Flu Aid May Be Tough By LAURAN NEERGAARD, AP Medical Writer
Wed May 3, 6:35 AM ET
WASHINGTON - States, cities and businesses should not expect to be rescued by the federal government if a flu pandemic strikes, warns a draft of the latest national response plan, one already under fire from critics who say federal preparations are moving too slowly.
ADVERTISEMENT
On Wednesday, the Bush administration will update the $7.1 billion pandemic preparations it proposed last fall, an incremental step that basically outlines exactly which government agency is responsible for some 300 tasks.
"This would really be a road map," White House spokesman Scott McClellan said Tuesday. "It will cover both the government and nongovernment actions that are being taken to plan and prepare for any potential pandemic."
A draft of the document, obtained Monday by The Associated Press, provides little new information on government preparations — but instead offers an acknowledgment that even the most draconian steps would almost certainly fail to keep a flu pandemic from penetrating U.S. borders.
The messy medical reality is that people can spread flu a full day before they show symptoms, meaning even shutting U.S. borders against outbreaks abroad offers no reassurance that a super-strain isn't already incubating here.
The government is preparing for a worst-case scenario of up to 2 million deaths in the United States.
Once a pandemic begins, expect massive disruptions with as much as 40 percent of the work force off the job for a few weeks at a time, even if the government slowed the spread by limiting international flights, quarantining exposed travelers and otherwise restricting movement around the country, the document says.
"Local communities will have to address the medical and nonmedical impacts of the pandemic with available resources," the draft warns, because federal officials won't be able to offer the kind of aid expected after hurricanes or other one-time, one-location natural disasters.
A flu pandemic instead would roll through the country, causing six to eight weeks of active infection per community.
The report aims to energize the private sector, noting that 85 percent of the systems that are vital to society, such as food production, medicine and financial services, are privately run. Those businesses must ensure that power stays on and food is shipped even if 40 percent of their workers are absent because they're ill, caring for sick relatives or other pandemic upheaval.
But the report doesn't actually put anyone in charge of checking whether vital businesses are heeding these warnings.
Few are, suggests a survey that found 66 percent of mid- to large-sized companies have made no preparations, said former Health and Human Services Secretary Tommy Thompson, whose new Deloitte Center for Health Solutions conducted the survey.
Businesses and local governments need specific instructions, he said.
"Everybody is asking, 'Well, we want to do something. How do we do it?'" said Thompson, who heard those questions Tuesday while addressing pandemic preparations at a Michigan law-enforcement conference. "We've got to be much more specific."
The incremental plan was drawing complaints Tuesday that despite months of dire talk about the threat of a pandemic, the Bush administration hasn't accomplished enough.
"Other nations have been implementing their plans for years, but we're reading ours for the first time now. These needless delays have put Americans at risk," complained Sen. Edward Kennedy (news, bio, voting record), D-Mass.
Influenza pandemics strike every few decades when a never-before-seen strain arises. It's impossible to predict when the next will occur, although concern is rising that the Asian bird flu, called the H5N1 strain, might lead to one if it starts spreading easily from person to person.
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On the Net:
If TSN were to buy smart tek technology, what exactly would they be getting, does sttk have patents on these bird flu containment applications?
anyone watch house yesturday? I couldnt help thinking they were talking about bird flu!
i know! .44 is stable! eom
i believe that. its not as easy as u think. i was in MOTG and when they had issues with paperwork they arent always a sign and go type thing...azz
HEY OTC BUZZARD, americanbulls.com has a short comment for you at the end of its daily commentary hahaha
SMART-TEK SOLUTIONS INC
Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation was issued on 04.25.2006 (6) days ago, when the stock price was 0.4700. Since then STTK has gained 0.00% .
Why Compromise?
Trade Smarter with Fidelity
The BUY-IF alert is still valid. A confirmation today however is denied. The pattern is not rejected yet since the day was not a long black candlestick one. The market is currently testing your patience. Continue to do your homework by digesting all available information around.
The final judgment about the evolving pattern waits the next session. Either the alert will be confirmed by one of the valid confirmation criteria or the bullish alert will be void and null.
It is still your duty to check the confirmation criteria when the next session opens. Reminding briefly; a white candlestick with an upward gap, a white candlestick closing above previous close and a long white candlestick with a big downward gap is sufficient to confirm the BUY-IF alert though with a one day delay. Go long in any of these cases by respecting the benchmarks. In any other case, simply ignore the BUY-IF alert. The next session is the last chance we allow for confirmation. A confirmation failure renders the assumed bullish pattern totally invalid and starts the process of searching for a new pattern.
(((((((((((((((((We do not yet suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.))))))))))))))))))))
Data provided by: End of Day Data
Everyone, If you were going to meet Shaq/ wade / alonzo morning etc etc from the heat, what would you say? besides getting pictures signed i want to say something good so that person wont ever forget. i was thinking a kobe bryant joke LOL but thats too much id be asking for an azz kicking. dont get me wrong id love to have my ass kicked by shaq, what an honor... LOL
Nice article, Philly rescheduling pr would set this stock on turbo..USA today says only 15% of business are ready!, its just like katrina no1 was ready. I like STTK global
that would be something! eom
well well well.. GO STTK! =)eom
hey REDEDLMO or anyone call this pr guy ask when th enext pr is coming =) lol
yes not unusual for an OTC, listen buzz if u want stocks like that go to NASDAQ or NYSE u SEEM to have a lot of knowledge so u must be rich why are u here still
thanks, now im smilin' =)
Buy Em Up!, MMs doing some manipulation right HUR....
buzzard you have no idea how i trade, first of all im flattered that you went through many of my posts,also i havent lost a dime on sttk, only profits. 2nd of all there have been plenty of dead cat bounces to play since 4/9 its May 1st now, update your attacks to something more recent. anyways it was time to buy in the low 40's last week sorry you missed the boat again MORON
In Sports: the bulls tied the series with my miami heat 2-2. going to game 5 this tuesday @ home, courtside =). gonna get real drunk heh Goodnight everyone
LMAO buzz, nope not from you, i bought my shares in the low 40's. average is .43....nice try though sucka...
anyways cant wait to see how sttk trades this week, could get very interesting the stock is at or near bottom and we had some nice volume friday, i think you will see many investors holding for .70+ within 1-2 weeks jmho glta tomorrow!
the fact that you said you HAD a short position clarifies that you are either a) full of sh!t or b) an affiliate of stocklemon!!
its multiple choice a or b? lol...this guy is hilarious i dont expect an answer but i expect you to quit your posting for a while...we need a break from you man!
Now i see what you/everyone was saying, he doesnt answer a str8 question, what a joke...anyway i just checked out otc's post list, all of them except maybe a few are all for STTK. this guys can't admit he loves this stock, I bet hes buying monday...
otc buzzard how do you short otc stocks? what broker do you use? the fact that you said you HAD a short position clarifies that you are either a0 full of sh!t or b) an affiliate of stocklemon!!
I just read rfdl.pk's foul play article again and i cant believe these crooked f@cks!
otc this is ihub not rb LOL. and another thing, everyone who talks about any stock negatively on any thread clearly has to have a motive.
hah! e o m
anyways...Im going out to party tonight, everyone be safe!
rotfl buzzard. I must have hit a nerve there huh..
funny how otcbuzzard comes out of the darkness when people are getting excited about sttk again...lol...talk about transparent...the fact that he says he is an affiliate of stocklemon proves what a worthless trader he is...
dog has little to no effect on the stock...same goes for everyone. everyone makes their descisions for themselves, you in or out? =)
A close between .48 & .515 is what im looking for today, chart looks great, wouldnt be surprised to see a new run starting next week. still too early to tell though imo