Austin Lance Butler

Sanderson Farms: A Leg Up on the Great Chicken Wing Crisis

Nice article.

What effect could/will this have on egg farmer Cal-Maine Foods? (CALM)

New ETFs Present New Opportunities

DRN on the downside....

Four Reasons We're Headed Even Higher

Irrational exuberance?

Options: The Crude Oil / Natural Gas Ratio

Hardly ironic you mention the sugar prices...

There was a period earlier in the year when sugar seemed to be the best play on recovering energy prices.

How do you feel bubblicious sugar prices will impact Brazilian Real?


On Aug 27 03:23 PM Matthew Bradbard wrote:

> Not sure you can... I do not trade them. Many investors I speak to
> think they are trading commodities when they trade ETF's and I do
> not feel that is the case. 2 examples one of my clients became very
> bullish on oil when it was back at $40 and bought leaps in USO(oil
> etf). Oil moved substantially higher and he made very little money.
> Secondly sugar is at a 28 year high. DBA (agriculture ETF) did not
> really reflect this move being sugar is only 1 component and I believe
> corn and wheat play a role and they have moved lower. Food for thought??
>

Options: The Crude Oil / Natural Gas Ratio

Although I completely agree with your sentiment on the ratio I don't feel a need to play it as directly as you seem to be calling for.

I am long a few exploration, production, pipelines, refiner energy retailers and royalty trusts.

Namely APC, KMP, HOC, CLNE, PBT

Although I believe the ratio will reach a stable level imminently I don't see the need to short oil, under any circumstances, in the next few weeks. The outrageous oil:gas ratio is indicative of a supply shock coming down the pipe. Risk:Reward isn't too compelling!

Natural Gas is spilling out of Petrostates, cause running oligarchies aint cheap.

Why not ride the energy wave on the best boards?

APC. HOC, CLNE, KMP, PBT

Hansen Natural Should Energize Your Portfolio

Since you are initiating coverage and buying for the longterm I'd expect some mention of raw costs.

Weak article.

Hansen Poised to Benefit from New Products, International Expansion

Sugar prices are highest in 30 years and their are shortages worldwide.

Aluminum prices are screaming higher.

Natural Gas has nowhere to go but up.

Keep in mind that HANS explicitly DOESN"T HEDGE RAW COSTS.

All of these factors make your FY10 and FY09 cost of goods sold and gross margins highly optimistic.

I believe your earnings outlook and earnings multiple outlook are highly optimistic. I believe Hansen's agreements with bottlers will be pressured as Coke and Pepsi consolidate the industry. All of that considered I beleive HANS is an outright short and should trade at a more reasonable multiple to its peers.

Other than that, great article.

New Bull Market Has Started - Did You Miss It? Me Too.

lame article

all generalizations

use log charts for some credibility

doug kass called the "generational low"

Spread the Wealth with Gold: Three Longer Term GLD Option Strategies

Your articles are consistently tautological.

Microhoo Deal: Changes in Short Interest

So?

Too-Freemarket Is Anti-Free-Market

hear hear

Zinc Producer Horsehead Appears Very Undervalued

Great article...

I am long ZINC and have been since it traded through its $3.5/share.

iBook? What would an Apple (AAPL) eBook be called?

iTab

iPad

iBook

iNet

INote

or any of the above with "My" or "Mac" subbed in for "i"...

or something crazy like an iPhone Pro?

or an imaginations worth of new builds for a previous form factor.