Special Request by Dennis: FEED

LOL. I have honestly had it with this damn stock but fine, if you e-mail me, I will respond because RF believes in 100% customer satisfaction (well it's free, so I dunno why I believe in it). FEED was a great play that many doubted RF for at the beginning (Dennis and others) because I picked it at $2.40 and it stayed there for 7 days and everyone began getting angry and saying "RF, what is up with FEED?" or "RF, do you still like FEED?". As you know RF is filled with a swagger, he chuckled this off, and said "it's coming". Then boom, it went from $2.40 to $3.10 in a day and everyone and there brother started buying it at $3.10 and talking about it on the yahoo message boards. Where were they at $2.30? The message boards for FEED may have had 2 people there and that was for the past 3 years! Now there are probably 200 people a day (and for the record, RF is too "cool" to post on a message board, so I just read them).

Well, I personally own calls and scalp the common because it's easy but here is the bottom line.

The chart above highlights the play, regardless if you own it or if you don't, you can try it. I brought in the 20 day MA and highlighted that as well (in green). FEED has a big fight going on here between the bears/bulls and the winner should get paid handsomely, especially the shorts. FEED has always held the 20 day and has NEVER broke it. On the same note, it can't break the 200 day and today, of all days, it should have (and it didn't). The MA's are narrowing, so basically it's "do or die" for the stock. The shorts are piling in here, trying to take it down near the 20 day at $3.88. They know if they can do that or get around that, the stock will dive to $3 in a matter of seconds (literally) and make a easy 25% gain. The bulls want to take it to the 200 day and break it, sending it higher (to $5 - $5.20). I believe the FEED trade will end by next Friday, one way or the other, period. If you don't own it, you got a chance to get in here at $4.34 and use a $3.90ish stop. Frankly, if the bears get ahold of this thing, and it nears $4, there is a chance people will fold, sending it to the 20 day and it will fall off a cliff. Before, when it was at $4, the 20 Day was at $3 (a big gap), now there is no room for error.

Mark my words: IF IT GETS NEAR THE 20 DAY WITH STEAM, IT WILL FALL OFF A CLIFF, PROBABLY TO THE 50 DAY.

However, if she can get some juice, it can go to $5, maybe $5.20 but probably not much more.