Cgc the sector that it is in one would think it can't get any more defensive than food (despite of the cyclicality nature of the business). A classic case of acquisitions gone bad with debt. The sector got me really interested 2 years ago and have been watching the stock since its first big fall in SP in beginning of the year. Every time I got tempted to buy they came up with a new set of bad news........ Now a million dollar question is..... is this gonna be the final fall before it picks up? Coz Imo this has clearly become a Take over target...... One think is for sure this falling knife is bound to make some deep wounds again (a very risky proposition)
just my opinion
do your own research
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