InvestorsHub Logo
Replies to #410 on Food Innovation

gfp927z

02/10/22 8:24 PM

#411 RE: wow_happens28 #410

>> manipulators <<


There's always some of that going on, but what will ultimately make these stocks good investments will be positive developments with their business, sales/revenues, etc. I think BABYF has that side covered, so the trick will be to hang with it for the longer term. I don't currently own the stock, but the company seems well positioned, and I figure at some point they will get bought out by a larger food company.

With RIBT, I just don't know enough about the company to gauge their long term prospects. Looking through the stock list on this board, just about all the small cap stocks have been crushed over the last period of months. One would think that at least a few of these food innovators will achieve success, so these giveaway prices are an opportunity.

A lot of the tech related sectors have also been flattened in recent months, so the question is when to start re-entering? I'm thinking of a gradual dollar cost averaging process, but am still on the sidelines except for a 10% allocation in the S+P 500 index. Once the interest rates are up there should be some opportunities in the bond market also.