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.
Anybody Buying Yet? Where’s the Bottom?
- Thread starter NEWHunter
- Start date
Nameless Range
Well-known member
Anyone waging war on unhealthy foods is my mortal enemy.
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
Well-known member
Like subsidized crops that lead to ultra processed foods?
Goatshoes
Active member
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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?
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?
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
Well-known member
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
Well-known member
All of us Southerners have your back.
Nick87
Well-known member
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.
Not barley though, right? mtmuley
Bonasababy
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Only if they are a democrat, it appears.
Nameless Range
Well-known member
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
Well-known member
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
Well-known member
I’ve been telling him for years to write a book.
Goatshoes
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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.
jryoung
Well-known member
Seriously, tough day across the board consumer staples down as a whole. Defensive isn't so defensive.
Would love your thoughts on the bond market and what does the fed do now with treasury's move yesterday.
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