05-24-2019, 03:43 PMHoly Bhagworm
Stock tip ( Dean Foods )
C'mon, let's sing, everyone!https://www.youtube.com/watch?v=gq7pxUgjLz0
How low can you go, spawn?
05-25-2019, 03:16 PMHoly Bhagworm
Originally posted by Gus Rodgers:
Gus, although the market was up Fri, DF went down to 1.37. I know it doesn't sound much lower than 1.38 from the other day, but it is, when a stock gets that low.
If they reverse split 1:25, it will go up to it'll go up to 34.25 per share. But within a week, it'll be back to 1.37 or lower. This is a great opportunity to tap into spawn's mind and find out what he thinks of all of this.
05-28-2019, 04:06 PMHoly Bhagworm
I just happened to notice today that Dean Foods is down to 1.20 Wow, that's down over 12% in just one day. Maybe Richard Gere will buy the company and rebuild it, if Julia Roberts gives him the go-ahead.
06-28-2019, 11:01 PMGus Rodgers
(Bloomberg) -- The biggest U.S. milk processor is now a penny stock.
On Tuesday, Dean Foods Co. shares closed at less than $1 for the first time since they started trading more than two decades ago. The destruction of market value, which has whittled down to about $90 million, is as simple to explain as it is dramatic: Americans aren’t drinking as much milk.
Amid fierce competition to supply grocery stores’ own brands, Dean’s margins are razor thin -- averaging about 3.8% over the past five years. The company’s situation deteriorated further after Walmart Inc., a key customer, built its own milk processing plant last year.
06-28-2019, 11:53 PMReed N D Dark
Local dairy farmers tell me their sell prices haven’t gone up in years although their costs have. More and more are selling.
What I don’t understand is if there is a glut on the market why UHT milk is going up so fast.
06-29-2019, 07:48 AMPawn 10
why UHT milk is going up so fast.
What does “ UHT “ mean?