$LW, The Rise of Fries
Listen up. Too many of us are euphoric because the market has given us a gift and trick us into thinking we're "smart investors" instead of degenerates.
TLDR; LW produces and sells potatoes. Potatoes spiked last month. I don't see the price coming down. Potatoes will make you money. I bought 20 Oct 16th $55 Calls.
Well, the universe has a way of testing our intelligence. Not to long ago, a post here showed how the potato market jumped 700% in April. All it did was generate more talk about semiconductors and whether or not your hands are made of paper or diamonds.
Lamb Weston Holdings
I told you. They produce potatoes. They freeze potatoes. They sell potatoes to the Wendy's you either work in or behind.
April ER
In their last ER call, they reported reduced profitability and constraints and future forecast and blah blah blah. Then whey did all the big wigs buy shares?
Insider Buying
Just after the ER call you have huge insider buying. Why? Maybe they knew about the 700% potato increase in April because they're in the fucking business of potatoes.
My Positions
I bought them this morning.
Not financial advice. I'm just sharing my opinions.