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7 pts

Opinion on  Tupperware Brands Corp. (TUP)     Sector: Consumer/Non-Cyclical  >  Industry: Personal & Household Prods.
Earnings drop

Apr 22, 2008 01:30 PM GMT
Buffet_1_
Return Risk
-2.08% MID
Sr. Analyst

I am selling TUP before earnings come out later today after the close. I recommend the 30 put..... Good Luck to you


Update 04/28:

I still think TUP will continue to go down further somewhere around the 30 dollar mark. Let's face it, gas prices are going up and I somehow don't see everyone carpooling down to the local Tupperware party this summer. We are in a receesion and it's only getting worse as the summer months come upon us. Gas will continue to rise as the kids are out and about from school and the last thing people are going to be doing is throwing a tupperware party to add to the consumption of gas. Also as a not alot of the officers have been registering their shares and or selling them. I'm not sure what that means exactly, maybe they are all planning some really cool summer trips and just neeed some extra spending cash. Maybe it means that they think the stock price is over valued nand they are going to take advantage of it. I guess time will tell. Remeber to use those stop loses unless the market decides to buy more TUP.


TUP:  This call was made on 04/22/08 @ $41.46
Rating:   Negative   $41.46 (04/22/08)
Closed:   05/27/2008 @ $37.17 (+10.35% in 35 days)
Target:   $30.00 (-27.64%) in Three months


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