Yesterday, Pilgrim’s Pride stock plunged 38%. It isn’t a financial company either. Has the ripple effect made its way outside the financial and housing sectors yet? I think so. I wonder when the industrial stocks will take their plunge.
Yesterday, Pilgrim’s Pride stock plunged 38%. It isn’t a financial company either. Has the ripple effect made its way outside the financial and housing sectors yet? I think so. I wonder when the industrial stocks will take their plunge.
November 22nd, 2009 at 11:22 pm
I work for PP. Believe me, the problem with the poultry industry is the ever rising cost of corn and soybean. I am all for finding a different source of fuel, but burning our food supply is not the answer. To end the problem we are facing here, we ned to end ethanol production. Sorry environmentalists, it’s the facts.