Replies to post #58017 on Zeev's Turnips Patch-No Politics (ZEEV)

[Dale Baker]

The MAXF insurance settlement "news" is ancient history. No one ever doubted they would get those amounts, it was clear for months. No one was trading MAXF based on it.

The recent surge in price and volume looks more like a beginning to me. We'll see - the proof will be a break over 7 or not. Unlike the sudden spike to 6.70 in November, this is a gradual move in price and volume.

I probably shouldn't raise MAXF here since it's a lousy trading stock. Much better play for the long-term investor.

[Dale Baker]

MAXF update - confirming the general notion that MAXF's recent moves were unrelated to the insurance news, the old 6.70 resistance high tumbled today. A move over $7 seems possible in the near future. I remain happily long in MAXF for a long-term value play.

Regards.