Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

AGM is doing fine, but when we got to the to of the box ($30.50/.75), I had to sell, it is a better buy on a breach of $31 or a retreat to the $27 to $27.50 area (I will double around the $27 area). $26.40 is now a well established bottom which if breached, could means breakdown. The volume yesterday was huge, the last time we had such volume explosion (early January) preceded the big drop from $36.75 to the low 20....I have said many times that often, volume peak coincide with price peaks, though you never now if Monday that peak (and price) will be exceeded. In any event, if that happens, I already have back the core position, if we drop back to around $27 I'll double up. Price wise it is still fairly valued here (as I mentioned just few days back). I think that the next few days (maybe two weeks?) may see the top of the box taken out and a new trading range between about $31 to $36 established. Long term, I still think this stock is going to see the equivalent (after future splits) $100 to $150 (it is one of my "10 years stock").