What happened during the conference call with Jeffries' analysts on November 17th?
The last call I heard was labeled "Lightning Round: The conference call from hell"
LCI said during that call there would be a follow up to explain the hell part. Still waiting.
Retracement of 50% takes it back to $75 or so.
This company is being smashed to smithereens by all varieties of knock offs. I found a variation of the 2.0 for $49. Knock off coffee pods, knock off soda pods. I cannot fathom how this company can survive.
The major differences between shorts and longs on a solid, basic human needs company like CALM.
Shorts are on margin which means they are far more willing to take risk.
Shorts usually use options. Longs do not generally unless they are experienced investors.
Shorts buy calls to hedge against their short positions when the stock price is under priced.
Longs probably should, but do not generally, sell calls OR buy puts when CALM stock price is very high.
CALM is now sort of fair priced with probable $65 at the end of 2016 but not likely to move very far over the next 6 months. CALM tends to move in spurts. CALM dividend gives longs a huge edge over shorts.
CALM February (3 months from now) $55 strike price calls ad going for $440 per contract today. If called away /assigned at $55 the total gain from here would be 440 + 60 = 500 in 1/4 of the year.
Computed annualized return would be = (500 / 5228) / .25 = 0.3826 = 38%.
Right now, if longs sold calls they might have the edge from an annualized return perspective.
First , "organic food" means food that comes from the plant or animal kingdoms.
It has NOTHING to do with "natural" or otherwise.
1. Produced from plants or animals that have not been modified by human intervention via genetics, Darwin or "intelligent design" developed which eliminates GMO foods and nearly all other foods such as hybrid or otherwise created or modified using human intervention.
2. Produced without using chemically manufactured fertilizers.
3. Produced without using herbicides.
4. Produced without using pesticides.
5. Produced without using antibiotics.
6. Produced without using growth hormones.
7. Produced without using anything that does not exist in nature.
8. Produced without using man made machinery of any kind.
Good question. I'll look up the regulations covering size range allowances in each dozen later on. There are some additional standards at the "egg level" out there someplace. Eggs are weighed individually with the largest eggs released first, Jumbo, then Extra Large, then Large, then Medium Then small by the automated equipment. The ONLY manually handled process of sizes is to pull Double Yolked eggs from during candling (the process of looking inside the egg to ensure there are no abnormalities like "meat spots" etc.).
I am curious why LPX is not able to make a profit when its competitors do year after year.
There is actually a surplus of Jumbo size eggs in the Mid-Atlantic region to the point that a dozen Jumbo eggs are priced lower than large and extra large. This might be due to farmers keeping layers longer resulting in more Jumbo size. Not certain of that, just a hunch.
New /young/pullet layers produce more Small sized eggs and, believe it or not... double yolked eggs.
Egg grading machines that separate eggs by size /weight work in a manner that sizes are very standard. Sometimes the "size" may look different because of the egg shape. Eggs with a more ball shape will look larger. Eggs that are more "egg shape" will look smaller because the egg will fit deeper into the carton.
If there is a true significant variation in the egg size, it must be done manually.
Check the weight of some eggs that look larger or smaller yourself if you have access to a food scale.
Put 12 eggs on a scale in the vegetable or meat department.
The result per egg should be within the USDA size ranges per dozen.
Size Category Minimum Weight
Small ---------------- 18 oz.
Medium ------------- 21 oz.
Large --------------- 24 oz.
X-Large ------------- 27 oz.
Jumbo ------------- 30 oz.
The problem is 90% of American homeowners are so naive they put weed and feed and other herbicides and pesticides on their lawns and then wonder why their children or themselves get Cancer.
Naive sheep follow their leaders into believing yellow dandelions, buttercups and wild flowers are ugly enough to warrant the risk of getting cancer.
Dr. Reddy failed FDA inspections due to absolute sloppiness.
India's advertisement for "Make in India" is THE most sloppy, extreme low quality advertisement I've seen in my 70 years.
Insanity is trying to advertise on Bloomberg and CNBC Business news without using a professional. Even inside India the ads are better. Look at the Indonesia ads to see some degree of quality. Unbelievable stupidity on the part of Indians who "think" they know better than anyone else. Why is India poor? That's why!
"The oldest and strongest emotion of mankind is fear, and the oldest and strongest kind of fear is fear of the unknown."
--Unknown (book of horrors)
"The one permanent emotion of the inferior man is fear — fear of the unknown, the complex, the inexplicable. What he wants above everything else is safety."
~Henry Louis Mencken
Conference call question:
"But that's been relatively stable relative to your expectations?"
Conference call answer by Arthur Bedrosian, Lannett Company, Inc. - President, CEO 
"Yes, stable to rough, it's stable month to month."
Express Scripts Hates Gilead Sciences Dec 22, 2014 -- ESRX dropped Gilead due to prices on December 14 (read all about it under ESRX)
Total Debt 21.03 billion is massive for a company with negative operating margins.
Isn't this a typical hedge fund /private equity fund ideal strategy to acquire a company, load it with debt, do an IPO of the same company, take the money and run?
Does it matter what happens to FDC since they already have the money?
How can they pay down debt when they have a negative profit margin?