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Is the 'Mad Cow disease' theme a dead investment now?
Now that the govt has stopped testing for Mad Cow and Japan has re-authorized shipments of USA beef do you think that the stock of companys' that test for and develop/research vaccines are dead in the water? companys like: GTHA.OB, etc? sell?
3 Answers
- 1 decade agoFavorite Answer
Whoever told you the government has stopped testing for BSE is full of BULL. Just today I was looking up information on that subject . They plan to test 40,000 head of animals each year. The only reason Japan has agreed to re-open the way for U.S. beef imports is the assurance that the U.S. beef is safe for their people.
Source(s): Check it out for yourself www.usda.gov search for release no. 0255.06 - Anonymous1 decade ago
I wiould bail out of the stocks if they are down as they will not go up again as there are too many tests out there and the price for testing has dropped dramatically for the kits . Good stock to stay away from and same with the bird flu too as the stocks have already been driven up so the only way is down now . Investing is like gangbangs - if you are first in line it is great , but if you are second or at the end it tends to get sloppy .
- 1 decade ago
Some meat packers might be doing in house testing now themselves so they know whats going on.
Mad Cow could come back anytime, its just random.
