Famous Dvaes hit by virus stock lowered to $18 based on increased pork prices
"The highly contagious porcine epidemic diarrhea virus, known as PEDv," is a fatal virus that has killed an estimated 5 million piglets so far and has spread to 27 states. Pork supplies are expected to dwindle by 10% this summer resulting in a 25% spike in wholesale prices.
If they come close to eps estimates in a few weeks, the p/e will be 25 at the current price. I love how shorts think can come to the game in the 9th inning by picking a stock that's had a nice recent run, and start blabbing like they are experts.