Bman409
05-11-2006, 12:30 PM
https://www.swingtradercentral.com/Members/Documents/Graphs/dar.jpg
From today's www.swingtradercentral.com newsletter
Buy Long: Darling International - SPECULATIVE (Amex: DAR), $4.24
Company Profile:
Darling International, Inc. provides rendering, recycling, and recovery solutions to the food industry in the United States. The company collects and recycles animal by-products, such as fat, bones, feathers, and offal from meat packers, grocery stores, butcher shops, meat markets, and food service establishments, as well as used cooking oil from food service establishments. It converts these food by-products into various feed ingredients and fats primarily through the drying, grinding, separating, and blending processes. Its finished products include protein primarily consisting of meat and bone meal, tallow principally comprising bleachable fancy tallow, and yellow grease. The company sells its products primarily to producers of oleo-chemicals, soaps, pet foods, and livestock feed for use as ingredients in their products or for further processing. It also sells grease collection equipment and provides grease trap services to food service establishments and food processors. The company sells its products through its own sales force in the United States, as well as through its agents and commodities brokers internationally. Darling International was founded in 1882. It was formerly known as Darling-Delaware Company, Inc. and changed its name to Darling International, Inc. in 1993. The company is headquartered in Irving, Texas.
Why I Like It:
Darling isn`t out typical swingtradercentral.com trade. I`ll admit that right up front. Normally we try to find stocks with a story behind them where the momentum has already started. We try to jump on and ride a portion of that momentum to a set target. DAR is different because the stock is showing absolutely no signs of life right now. So why buy? BECAUSE DAR IS A PLAY ON BIODIESEL and BIODIESEL STOCKS ARE HEADED HIGHER. Take a look at EBOF on the OTC BB exchange if you don`t believe me. DAR deals in USED COOKING oil (also called Yellow Grease), from restaurants, cafeterias, pizza shops, etc. Customers PAY DAR to take away their yellow grease, but this material has ENERGY VALUE. It can be turned into biodiesel fuel very easily. DAR has a conference call coming up on Friday and if this company has competent management, they will talk about their plans to turn this material into biodiesel fuel. That could spark a bid in DAR. In any case, 3 members of the board of Directors bought 50,000 shares of DAR on the open market in late March, at a higher price than the stock is trading now. I think that alone makes this a SPECULATIVE BUY at current prices.
From today's www.swingtradercentral.com newsletter
Buy Long: Darling International - SPECULATIVE (Amex: DAR), $4.24
Company Profile:
Darling International, Inc. provides rendering, recycling, and recovery solutions to the food industry in the United States. The company collects and recycles animal by-products, such as fat, bones, feathers, and offal from meat packers, grocery stores, butcher shops, meat markets, and food service establishments, as well as used cooking oil from food service establishments. It converts these food by-products into various feed ingredients and fats primarily through the drying, grinding, separating, and blending processes. Its finished products include protein primarily consisting of meat and bone meal, tallow principally comprising bleachable fancy tallow, and yellow grease. The company sells its products primarily to producers of oleo-chemicals, soaps, pet foods, and livestock feed for use as ingredients in their products or for further processing. It also sells grease collection equipment and provides grease trap services to food service establishments and food processors. The company sells its products through its own sales force in the United States, as well as through its agents and commodities brokers internationally. Darling International was founded in 1882. It was formerly known as Darling-Delaware Company, Inc. and changed its name to Darling International, Inc. in 1993. The company is headquartered in Irving, Texas.
Why I Like It:
Darling isn`t out typical swingtradercentral.com trade. I`ll admit that right up front. Normally we try to find stocks with a story behind them where the momentum has already started. We try to jump on and ride a portion of that momentum to a set target. DAR is different because the stock is showing absolutely no signs of life right now. So why buy? BECAUSE DAR IS A PLAY ON BIODIESEL and BIODIESEL STOCKS ARE HEADED HIGHER. Take a look at EBOF on the OTC BB exchange if you don`t believe me. DAR deals in USED COOKING oil (also called Yellow Grease), from restaurants, cafeterias, pizza shops, etc. Customers PAY DAR to take away their yellow grease, but this material has ENERGY VALUE. It can be turned into biodiesel fuel very easily. DAR has a conference call coming up on Friday and if this company has competent management, they will talk about their plans to turn this material into biodiesel fuel. That could spark a bid in DAR. In any case, 3 members of the board of Directors bought 50,000 shares of DAR on the open market in late March, at a higher price than the stock is trading now. I think that alone makes this a SPECULATIVE BUY at current prices.