Agro Sector Ideas

[gfp927z]

>> Land, FPI <<

I actually sold them on Friday, as part of a change to my asset allocation. But some nice gains, so no complaints here :o)

Btw, looks like BABYF is back down to 'baseline' again, so not too inspiring at the moment.

RIBT has at least entered into an uptrend since bottoming in late Jan. Nice move today. I was figuring it may bounce around between the 50 and 200 MAs for a period of time. But those MAs are converging so it will have to decide which direction to go soon. Based on the chart it appears most likely to be an upward breakout, but you said the stock has become a vehicle for the Robinhood type crowd, so anything can happen. Better to have company news flow driving the stock.

Fwiw, I've become more concerned about the hawkish Fed so have dropped my stock allocation way down. At my age, I figure preservation of capital is most important, along with ulcer avoidance :o)