BRID, Long, Swing Trade Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States.
Have been watching this for a while and here is a good entry opportunity, we are definitely trading in an area of value here .
Nice consistent earnings , nice enough margins and low debt . Not to mention a very low beta of -0.02 , which has pros and cons but I see it as a positive at this time . Good risk vs reward setup , trading this one as a swing but if we enter an uptrend on the daily later on , I will likely consider a trend following setup as a future trade .
Good luck~
