Central Garden & Pet: The Patience Ends

Filed under: Bad News

They don't all work out. The fundamentals of Central Garden & Pet Company (CENT), first written about here on June 22, 2009 at a price of $10.16, have not improved considerably, after about a year's performance window.

What's more, the U.S.'s 'frugal consumer' era, strong competition, and the 50/50 prospect for a sluggish U.S. housing sector recovery do not provide encouragement, moving forward, hence the calculation is to close the position at this time and take the roughly $1 gain.

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Central Garden & Pet: The Patience Ends originally appeared on BloggingStocks on Wed, 10 Mar 2010 17:30:00 EST. Please see our terms for use of feeds.

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