Cal Maine Foods (CALM) NewsBite - CALM Covered In Bloomberg Video Report Today

Posted: Monday, December 29, 2008 1:35 PM EDT

Cal Maine Foods (CALM) was covered in a Bloomberg Video Report today and the stock is now at $26.32, down $3.16 (-10.72%) on volume of 252,716 shares traded. To see the video report go to http://www.marketintelligencecenter.com/VideoNews . Over the last 52 weeks the stock has ranged from a low of $20.75 to a high of $48.80. Cal Maine Foods stock has been showing support around $28.19 and resistance in the $31.11 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for CALM. If you are looking for a hedged play on CALM the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 30 range. [ABR-Seven Summits Strategic Investments NewsBite]

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