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john33

Registered: Mar 2009
Posts: 79

08-31-11 05:18 PM

Don't buy the futures, buy phyiscal orange juice and store it.

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DontMissTheBus

Registered: Aug 2011
Posts: 466

08-31-11 05:36 PM

....why?

Quote from john33:

Don't buy the futures, buy phyiscal orange juice and store it.

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john33

Registered: Mar 2009
Posts: 79

08-31-11 05:39 PM

Vitamin C, good for your health!

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CrackPipe

Registered: Jul 2011
Posts: 211

09-01-11 12:11 PM

any one wanna buy 200 x 3 year old 1 ltr cartons of just juice?

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brocklanders

Registered: Aug 2007
Posts: 1720

09-01-11 12:55 PM

Retail stores will not buy from a guy storing his own oj. You would have to sell it back to a wholesale warehouse first and expect that it would eat up much of your expected profits if you were successful at all in selling it back. I guess the worst case is you have a lot of oj to drink.

I just read about this exact situation in a book called 'More Money than God' (pretty good read so far!). The guy made a profit but had to give up about 20% in doing this sort of thing. Luckily he had enough profits to cover the haircut and still be profitable.

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chisel

Registered: Jun 2002
Posts: 571

09-01-11 01:40 PM

Quote from brocklanders:

I just read about this exact situation in a book called 'More Money than God' (pretty good read so far!). The guy made a profit but had to give up about 20% in doing this sort of thing. Luckily he had enough profits to cover the haircut and still be profitable.

Author?

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