MOO - time to get long?

Discussion in 'Commodity Futures' started by TheCaymanIsland, Dec 1, 2008.

  1. do you guys think MOO is a great long term buy?
  2. =============
    Not just yet, i liked that & that sector during its last good uptrend;
    MOS just reported fertilizer sales exspected down next 2 quarters.

    Pilgrims Pride just declared BK;
    forner CEO had a stroke/died last DEC 2007
  3. Hay Cay;
    That underlying sector is one favorite of favorites;
    it could go to $10 or lower but long term , you may want to start scaling in, over a period of months.

    If you like longs in a bear trend]:cool:
  4. Hi Murray, I think I'm going to sell downside puts in MOO and if I get assigned, I'll be happy to go long at that price. Also selling downside in MOS.