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New World

11/08/19 3:31 PM

#7363 RE: besdin #7361

I liked the call. Mills setting up for more capacity. Obviously they need the capacity otherwise they wouldn’t be building an expansion. They’re concern is now on bringing in enough rice paddy to fulfill capacity. What took them 4 days to go through stock is now taking them 30-32 hours to run through it. Demand is a good problem to have last time I looked. It went to $3.87 on the same type outlook. Sounds like they’re there now. Now if they’re blowing smoke, that’s a different story. I don’t think they’re blowing smoke. A little uninformed, yes. Someone with more experience probably could have looked at their production over a year ago and determined that they couldn’t do $40M with the outfitted square footage they had. Now it looks like they can, and they will.
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JefftDecker

11/08/19 3:41 PM

#7364 RE: besdin #7361

this most likely head back down $2.30 and lower now

http://schrts.co/xEqxWEJM
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New World

12/05/19 3:22 PM

#7442 RE: besdin #7361

Besdin that should’ve read negative $3.50 I guess