Pilgrim's Pride...Yeah boring I know. I've made decent money over the years on this one...Buy, then do a covered call. Have it get called away...Then buy some more on the dips. Three scary things about this company...Plants in Mexico and Puerto Rico and the Coronavirus. People are cutting way back on fast food (Coronavirus). But, is this a buying opportunity? Am still laughing that Warren Buffet is buying a bunch of Delta Airlines at this time...What does he know that we don't?? Most races and religions eat chicken. Yeah, the younger people are going vegetarian...But when push comes to shove...Many may eat chicken. PPC also does pork, but in smaller amounts...Thoughts??
Link? 13-G filing? That said, I like DAL too.... tough to call the bottom though right now. To many unknown unknown's. But its bounce will be swift when it comes.
he knows what we know...that airlines are getting hammered & air travel will resume before other large industries do.
If you trust Yahoo! Finance...https://www.google.com/url?sa=t&rct...1100301.html&usg=AOvVaw2PE0iJ4j3-ehID-90RnUdT
Airlines...This is how bad it is...Still winter time!! Aloha to cheaper airfare. Those looking to travel to Hawaii on a budget can now snag round-trip tickets for under $200 — but will have to act fast. Alaska Airlines, Southwest Airlines, and United Airlines are having a sale on tickets from California to Hawaii, according to SFGate. You have until Thursday (March 5) to book the tickets and will have to travel on a Tuesday or Wednesday from April 21 to May 20. You can get the $198 round-trip price by buying the basic economy Alaska, United, or Hawaiian tickets, according to the outlet. Basic economy is a value-based fare that doesn’t let the passenger choose their seat and prohibits them from changing flights or getting a refund. Read more here: https://www.sacbee.com/news/california/article240850601.html#storylink=cpy
Just letting you know I picked up 200 shares of PPC today. I have a lot of cash (retired, sold a business). Bought at $21.15. I then optioned the Jan 21 $25. for $1.55 X 2...$309.91 cash at Fidelity (covered call/sale to open). Their option fees are higher than most. But good income on the $309. while I wait...Just me.