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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (53965)5/31/2014 9:22:20 PM
From: Paul Senior  Read Replies (3) of 78644
 
CALM: I missed it worse. Have kept it on my watch list as potential short from when it was about $30 (now at $60). Something about corn prices going up with ethanol demand, and corn being a feed for poultry driving up costs and down profits for CALM. I guess that idea was wrong.
I didn't short it -- I rarely short anyway, but I never understood the situation well enough to reverse opinion and buy it.
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