U.S. government declares a public health emergency over the swine flu outbreak. (WSJ) [View news story]
disclosure: i own May 7.50 SFD and TSN puts
Short SFD_US and TSN_US - CAFO's terrible conditions will be at the very least be the subject of investigation by authorities. Resulting potential lawsuits, increased production costs and management distraction should compound any weakness in meat demand due to misunderstanding of the disease's vectors and the company's leveraged capital structure.
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U.S. government declares a public health emergency over the swine flu outbreak. (WSJ) [View news story]
Short SFD_US and TSN_US - CAFO's terrible conditions will be at the very least be the subject of investigation by authorities. Resulting potential lawsuits, increased production costs and management distraction should compound any weakness in meat demand due to misunderstanding of the disease's vectors and the company's leveraged capital structure.