October 1, 2010
OPPORTUNITY IN BANANAS FROM FAILED ECUADOR COUP
Chiquita $CQB procures 18% of its bananas from Ecuador. The failed coup in Ecuador presents a very short term opportunity to generate 2-3% return in a couple of days by buying Chiquita around $13.25. Exit in the range of $13.60 to $13.90, but adjust the exit range based on market conditions.
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October 1, 2010