GBA Presents: THE BARE ESSENTIALS

Hey,

anyone have a news feed on SAFM. nice 5 day run here.

positives - cargill buy out at 203

negatives- bird flu and DOJ politics

does someone know about deal approval????

Wouldn't chicken (food) be a bare essential?
Well, it's still at $186, even though it's down $4 on the day, so you're still good. :thumbsup:
I really don't think doj is gonna let the merger fly though.
The stock is certainly cheap. Solid balance sheet.
If you plan on holding it, I'd keep selling the front month calls, not much volume on them however. You might get a $1 for the April $190's. Someone bought 2 of the $185's earlier for $5. I'd put in an offer to sell a few of those at $4 maybe.
Expenses are gonna go up. Grain.
I dunno, it's gonna be a slow grind either way.
Ton of form 4 sells last week. "Scheduled" as always but still.

There's this. Class action:

WHY: New York, N.Y., March 18, 2022. Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Sanderson Farms, Inc. (NASDAQ: SAFM) resulting from allegations that Sanderson Farms may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Sanderson Farms securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=3845 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March 4, 2022, The Wall Street Journal published an article entitled "Chicken Companies Were Asked About Sharing of Employment Practices," reporting that the U.S. Department of Justice ("DOJ") has started a civil antitrust probe to determine "whether poultry companies have engaged in anticompetitive sharing about employment practices that held down plant workers' wages, according to people familiar with the matter[.]" The article noted Sanderson Farms as one of the poultry processors implicated in the DOJ's investigation.

So it looks to me like DOJ is really "hawking" the chickens.

Keep us posted.
 
Standard Lithium Ltd. (SLI) Go Go Go Go-!
9.04+0.68 (+8.13%)
As of 11:10AM EDT. Market open.

Basically recovered Friday's drop. FL ( Frontier Lithium ) is up 9% without the Friday drop that might suggest they will all go up. I also look at Copper as a rough leading indicator of sentiment. I still own Copper Mountain, bought Capstone and Hudbay as a day trade already took profits on Hudbay. Copper Mountain looks like it wants to break resistance today.
 
These son of a bitches are gonna be tracked down for the next 50 years just like the Jewish folks did to the f'n nazi's. It's no longer just Putin, it's the officers on the front lines now too.
I wish I held BTU when you liked it in single digits, who would have known? The Savant, that’s who! You were advocating Solar, Infrastructure and Weed stocks in Summer 2020 was another bold move not knowing the Elections!

JKS $19 to $90 one example.
 
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