Anybody Buying Yet? Where’s the Bottom?

[Exhausted]

Pretty easy. Don't eat it. mtmuley

I think we've shown pretty clearly that, "Just don't do XXXXX thing." is not always effective guidance for addicts. If we can't agree that there are addictions associated with high sugar, high fat foods then we'll have to agree to disagree I guess.

 

[Nameless Range]

Anyone waging war on unhealthy foods is my mortal enemy.

 

[mtmuley]

I think we've shown pretty clearly that, "Just don't do XXXXX thing." is not always effective guidance for addicts. If we can't agree that there are addictions associated with high sugar, high fat foods then we'll have to agree to disagree I guess.

Government intervention isn't going to help. mtmuley

 

[Exhausted]

Government intervention isn't going to help. mtmuley

Maybe not, but I'm not really looking for regulations against the companies. I'm looking for restrictions on what taxpayer money can be spent on. That was my reference to "stop rewarding" earlier.

 

[jryoung]

Maybe not, but I'm not really looking for regulations against the companies. I'm looking for restrictions on what taxpayer money can be spent on. That was my reference to "stop rewarding" earlier.

Like subsidized crops that lead to ultra processed foods?

 

[Goatshoes]

Back to stocks.

I'm thinking 30 day puts on SPCX @120.00 $395 premium and no disappointment if put. Anybody else care to bet that at the very least this is back up to $130 within 60 days?

 

[Exhausted]

Like subsidized crops that lead to ultra processed foods?

You're really trying to make people angry at me aren't you? LOL

Yeah, honestly my gut reaction is to do away with government subsidies to industries that would fail otherwise. I'm generally a big fan of free market without government intervention.

 

[jryoung]

Anyone waging war on unhealthy foods is my mortal enemy.

You have no idea how much joy I get when I scroll through FB, see a chicken fried steak and know exactly who it is.

 

[Southern Elk]

Anyone waging war on unhealthy foods is my mortal enemy.

All of us Southerners have your back.

 

[Nick87]

Like subsidized crops that lead to ultra processed foods?

That'd be a start. Gone on so long now I doubt it will ever happen and fwiw there's a good chunk of people who are recipients of those subsidies who would just as soon see them go away as well.

 

[mtmuley]

Like subsidized crops that lead to ultra processed foods?

Not barley though, right? mtmuley

 

[Bonasababy]

Anyone waging war on unhealthy foods is my mortal enemy.

Only if they are a democrat, it appears.

 

[Nameless Range]

Only if they are a democrat, it appears.

My love affair with congealed animal fats is non-partisan.

 

[mtmuley]

My love affair with congealed animal fats is non-partisan.

You should make a list of favorite chicken fried steak establishments. You are the expert no doubt. mtmuley

 

[SAJ-99]

Back to stocks.

I'm thinking 30 day puts on SPCX @120.00 $395 premium and no disappointment if put. Anybody else care to bet that at the very least this is back up to $130 within 60 days?

It’s trading at $134 so …
As long as you are happy and able to own it at $120. Otherwise it’s a risky way to make $400.

Wally World showing even it is having trouble in this economy. And proving valuation matters.

 

[Southern Elk]

You should make a list of favorite chicken fried steak establishments. You are the expert no doubt. mtmuley

I’ve been telling him for years to write a book.

 

[Goatshoes]

It’s trading at $134 so …
As long as you are happy and able to own it at $120. Otherwise, it’s a risky way to make $400.

Wally World showing even it is having trouble in this economy. And proving valuation matters.

Yes. Happy and able to own it at $120. I did notice WMT today. It took a nosedive after it reported earnings. I think it too is oversold. I have conviction that if SPCX hits 120 it will increase 10% well before WMT increases 10%. I am betting that the put expires worthless within 30 days or that it hits 120 or less and recovers to 134 within 60. for a 16% return in 60 days. Of course it could go South.