SHV – Select Harvests

Is that another 2.5 million? Looks like a nice strategy with the stock price falling the way it is. Always liked SHV since it’s ratios are excellent, it’s cash flow rich, and it looks like there’s transparent management. Just wish they gave us a clearer picture of the risks though.

Looks like the uncertainty over MIS laws, the drought, and the bumper California crop (which will dampen almond prices) are weighing on sentiment, plus the overall market sentiment is dragging on smaller ‘unknown’ issues – continuing the trend towards “safety” [even at the expense of moving into overpriced safety IMO. This one isn’t at all risky though IMO (barring weather, climate etc.) due to the quality record, and long term outlook.

PS: Who do you think is dumping?