Great performance by TWE today, can't ask for more than that. You can see the chart below of the past week, where someone freaked out before the earnings and dumped a bunch of stock - oops. And yesterday, just relatively low volumes with a lot of uncertainty of what the results meant. I posted an analysis on my tw'tter (at)DownunderValue and was really bullish on the earnings. I thought they had done exactly what you could hope for, including finding alternative markets, finding alternative avenues via US and European vineyards into China, etc. The volumes were there, prices holding, but margins down (something to watch). Still, this is not a $10 company and is deserving of a rerating. Let's see, enjoy the ride, and GLAH.
TWE Price at posting:
$11.62 Sentiment: Buy Disclosure: Held
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