Seeking Alpha
  • Chines33
    Been noticing a nice pair trade pattern in KO vs PEP when corn is down buy PEP short KO...corn up short PEP long KO
    12/1/11
    Reply (7)
    • cheme: PEP is sweeter than KO?
      12/1/11
    • Brandon Gibbs: i would say yes to that cheme.. great eye chines!
      12/1/11
    • Chines33: PEP owns Frito Lay..need corn.
      12/1/11
    • cheme: Isn't KO a higher consumer of high fructose corn syrup?
      12/1/11
    • Chines33: Chene I'm not sure to be honest..just a pattern I've noticed..the original thought of most would br to that of Fritos more corn needed.
      12/1/11
    • sstonerm3: high fructose corn syrup is the largest ingrediant oustide of water for the drinks segment. I hold PEP long in a drip account.
      12/1/11
    • Joe Morgan: correlation does not imply causation
      12/1/11