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StevenRisk

01/21/10 8:17 PM

#958 RE: Traderfan #957

With smokes adding $5-6 Mil next year at 38% margins, alcohol growing at 50% with 52% margins, neutriceuticals growing at 20+% with a 47% margin. This does not include pig feed, cattle feed, poultry feed, and a host of other products to be released. Once the conversion of warrants is over along with the Seaside deal this rocket is going to launch. Whether you bought it at $2.00 -$2.50 is irrelevant. I'm not going to tell you this isn't going lower but I will say that once the waited news is released it will be to late. That could come as quickly as next Tuesday or 2-3 months. ere is the presentation if you haven't read it please take the time and even if you have, refresh yourself as to why this was one of the favorites.

http://www.biocactus.com/down/CKGT-Presentation-2009-12-14.pdf
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tnzalu

01/22/10 8:57 AM

#960 RE: Traderfan #957

Again, I think it depends on your timeframe. Some will buy the 2.30's, the 2.20's, and the 1.90's. I'm still learning about swing trades and short time frames, so my style is to book my profit capacity out 3 - 6 months in share blocks that I feel I can reasonably count on. All trade according to their style, and for my style, 2.30 is a great grab.