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Austin Lance Butler

Austin Lance Butler
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  • Is the Baltic Dry Indicator Flashing Yellow? [View article]
    The BDI and your referenced securities don't correlate strongly.
    Jul 19, 2010. 10:51 PM | 1 Like Like |Link to Comment
  • Sanderson Farms: A Leg Up on the Great Chicken Wing Crisis [View article]
    Nice article.

    What effect could/will this have on egg farmer Cal-Maine Foods? (CALM)
    Nov 14, 2009. 02:27 PM | Likes Like |Link to Comment
  • New ETFs Present New Opportunities [View article]
    DRN on the downside....
    Sep 7, 2009. 01:38 PM | Likes Like |Link to Comment
  • Four Reasons We're Headed Even Higher [View article]
    Irrational exuberance?
    Aug 28, 2009. 06:49 PM | 6 Likes Like |Link to Comment
  • Options: The Crude Oil / Natural Gas Ratio [View article]
    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??
    Aug 28, 2009. 02:11 AM | Likes Like |Link to Comment
  • Options: The Crude Oil / Natural Gas Ratio [View article]
    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?

    Aug 28, 2009. 02:08 AM | Likes Like |Link to Comment
  • Hansen Natural Should Energize Your Portfolio [View article]
    Since you are initiating coverage and buying for the longterm I'd expect some mention of raw costs.

    Weak article.
    Aug 22, 2009. 05:06 PM | Likes Like |Link to Comment
  • Hansen Poised to Benefit from New Products, International Expansion [View article]
    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.
    Aug 22, 2009. 04:58 PM | Likes Like |Link to Comment
  • New Bull Market Has Started - Did You Miss It? Me Too. [View article]
    lame article

    all generalizations

    use log charts for some credibility

    doug kass called the "generational low"
    Aug 16, 2009. 11:30 AM | 1 Like Like |Link to Comment
  • Spread the Wealth with Gold: Three Longer Term GLD Option Strategies [View article]
    Your articles are consistently tautological.
    Aug 13, 2009. 12:17 AM | Likes Like |Link to Comment
  • Microhoo Deal: Changes in Short Interest [View article]
    Aug 6, 2009. 12:52 AM | Likes Like |Link to Comment
  • Too-Freemarket Is Anti-Free-Market [View instapost]
    hear hear

    Apr 8, 2009. 01:41 PM | Likes Like |Link to Comment
  • Zinc Producer Horsehead Appears Very Undervalued [View article]
    Great article...

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

    Mar 17, 2009. 02:03 PM | Likes Like |Link to Comment
  • iBook? What would an Apple (AAPL) eBook be called?  [View news story]





    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.
    Mar 11, 2009. 08:37 PM | Likes Like |Link to Comment