KRUS and WING are excellent short candidates. WING is likely up because chicken prices came way down and that is their #1 cost, I'd also wager they are benefiting from passive investing. A no moat company trading at an insane valuation. When avian flu strikes next it'll cull the longs along with the chickens. KRUS is even more laughable.…
KRUS and WING are excellent short candidates. WING is likely up because chicken prices came way down and that is their #1 cost, I'd also wager they are benefiting from passive investing. A no moat company trading at an insane valuation. When avian flu strikes next it'll cull the longs along with the chickens. KRUS is even more laughable. Last quarters net income was 1.86M and it sports a 1.27B market cap. Generously might be worth $40 per share, which would also be a slight premium to where the stock was before the government went on the largest QE binge in history.
KRUS and WING are excellent short candidates. WING is likely up because chicken prices came way down and that is their #1 cost, I'd also wager they are benefiting from passive investing. A no moat company trading at an insane valuation. When avian flu strikes next it'll cull the longs along with the chickens. KRUS is even more laughable. Last quarters net income was 1.86M and it sports a 1.27B market cap. Generously might be worth $40 per share, which would also be a slight premium to where the stock was before the government went on the largest QE binge in history.