I noticed STKL posted here yesterday. If anybody like it, they may like NTRZ. NTRZ broke the 20 day MA today. It is right on a declining resistance line. If it goes above that it could have a great rally. Like STKL it is a food stock. NTRZ had a bad year last year due to the worst rains in SE Louisiana in the past 50 years that delayed 2 major plants. Cash flow sucks, but will drastically change from this point on. Cash flow positive Q3.
Kickers, last week NTRZ announced an expansion of it's Brazil rice bran oil business. Only one analyst and he has not factored in this in his estimates. I feel NTRZ in 09 will have 150% growth and .25 earnings. That gives it a forward PE of 3.84. It should have a 40 forward PE with that growth. Or be a $10 stock today, but last year and the slow earnings adjustment by the lone analyst make it a great buy.
Kicker 2, it broke the 20 day MA and if it breaks the declining resistance soon, it could rocket. Many unannounced deal in the works. too.
This is my first post here, I like the looks of this board. Here is my photo. Hope you let me stay.
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