quote:Originally posted by Prdponce: NATURAL HARMONY FOOD (U-NHYF) - News Release Natural Harmony Foods' SoLean(R) Brand Products Approved by Nation's Second Largest Grocery Chain
Natural Harmony Foods, Inc. (PINKSHEETS: NHYF), a producer and marketer of unique, natural protein foods, announced today that the company's SoLean® brand products have been approved for sale by the nation's second largest grocery chain.
At present, the line consists of SoLean® Flame Broiled Beef Patties and SoLean® Breakfast Pork Patties, with as many as three additional items expected to be added to the line within the next year.
Natural Harmony Foods' SoLean® brand products combine the taste and nutrition of real, natural meat -- raised without growth-promoting hormones and fed an all-vegetable diet -- with heart-healthy soy protein. SoLean® products are low in fat, saturated fat, calories and cholesterol, yet since meat is the first ingredient, they deliver a meaty taste and texture absent in soy-based foods.
While understated this is really quite a victory for the company. Healthy "organic" type foodstuffs are very popular right now and will continue to grow in popularity as more controversy stirs over hormones and artificial ingredients.
The second largest chain in america (depending on how they are rating the chains... IE # or stores, sales volume, etc) should have somewhere around 2,500 stores nation wide. That is a huge market to be tapped into!
Good news indeed!
The Bigfoot
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Looking to close strong nead HOD. If she runs tomorrow I'll most likely sell for a 40%+ profit depending on how well she runs. Matt
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Set a new HOD at .13 within 10 minutes of the close, backed off to .125 for the remaining 10 mins then downticked to .12 at the very end. Very strong close however. All the indicators are looking better than yesterday with a much more solid body today above the MA's and a close near HOD. RSI, %R, slow and fast stochastics all uptrending but not maxed yet. MACD, macd histogram, OBV, and CMF all uptrending very nicely. Volume has been increasing the past three days.
Everything looks strong to push even further. Only problem I see is after a 41%+ day there may be profit taking. Although that is only because yesterday had a weird close with it downticking very quickly in the closing minutes. I am going to say most people in this aren't incredibly in the green yet and with the positive chart signals it's good for another green day. Looks to me like the downtrend is surely reversed.
I'll be watching closely tomorrow. I'm in at .10 and will decide to sell at .14 if it looks slowed or let it ride if it runs past .14. On a downday I'm holding because the trend seems good to continue up in the long run IMO. Matt
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