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harry1228

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harry1228

Re: moneyman51 post# 2402

Tuesday, 07/16/2013 11:25:58 PM

Tuesday, July 16, 2013 11:25:58 PM

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Hi All,
I suspect the 400 Million value for China may not be accurate, and in Feed's situation, no one will pay top dollar.
I agree there has been a strong hog market and strong demand, so it does seem likely that the China assets have significant value. If a buyer steps up, I'm guessing a market / fire sale pprice of $80 M - 135 Million based on the actual inventory (which we don't know). As a speculator, I anticipate about $1.00 - 1.75 PPS would be the best case.
The stock's volume and price action today were extremely positive.
It may be quite for a while, have a tight trading range, but it seems .06 PPS is about as washed out as it's going to get. GLTA
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