Replies to post #1029 on Pilgrim''s Pride Corp (PPC)

[ScovilleUnits]

You didn’t mention the price Wal-Mart was asking for Pilgrim’s Pride Chicken…didn’t mention what chicken parts per/prices, etc, etc?

In any event and for what it’s worth imho PPC is suffering from some major competition at least here in North Texas? I think there are 5 El Rancho’s in what’s collectively known as the Dallas/Ft Worth area?



I’m mostly thinking/wondering out loud that buying PPC at this moment may not be timely? Thinking lets let PPC close both the already announced Dallas, and east TX facility, before taking a take....before taking a PPC position?

Respects and Best Wishes with whatever decision you make.

Scov

[SAE]

Welcome EZmoneyED,

Your post reminds me of Peter Lynch's first book, where he stated on Page 19 that "..before I took over Fidelity Magellan, I was working as a securities analyst at the firm. I knew the textile business from having traveled the country visiting textile plants, calculating profit margins, price/earnings ratios, and the esoterica of warps and woofs. But none of this information was as valuable as Carolyn's (his wife). I didn't find L'eggs in my research, she found it by going to the grocery store. "

Hey guys my wife brought home some chicken from Wal Mart and it was PPC not sure if they are in all the Wal Marts now but I think its a good thing. Wal Mart equals huge revenue.

Please continue to contribute your thoughts and ideas! Stockinvestor