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Isaac Investments

Posted on 8/26/12 at 3:19 pm
Posted by greenhead11
Member since Feb 2012
922 posts
Posted on 8/26/12 at 3:19 pm
On Friday bought UGAto gain exposure to gas, looking for a spike once production is cut.

Next leg of my trade, short corn as rains may bring needed relief to the drought
Posted by I Love Bama
Alabama
Member since Nov 2007
37686 posts
Posted on 8/26/12 at 3:50 pm to
If you expect the rain to help, , why would you short corn?
Posted by Teddy Ruxpin
Member since Oct 2006
39545 posts
Posted on 8/26/12 at 3:55 pm to
quote:

If you expect the rain to help, , why would you short corn?


Because an increase of corn supply would cause a decrease in prices.
Posted by bigolecatfish
God's Country
Member since Jan 2007
1313 posts
Posted on 8/26/12 at 4:32 pm to
quote:

Next leg of my trade, short corn as rains may bring needed relief to the drought


Id hold off on the corn move. Id imagine its too late to help most corn. Rain is weeks late.
Posted by wickowick
Head of Island
Member since Dec 2006
45786 posts
Posted on 8/26/12 at 5:32 pm to
Corn is done, if they didn't have the rain before now, no amount of rain will help this years corn...
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 8/26/12 at 6:10 pm to
quote:

Next leg of my trade, short corn as rains may bring needed relief to the drought




A little late for that, broseph.
Posted by TigerDeBaiter
Member since Dec 2010
10251 posts
Posted on 8/26/12 at 7:54 pm to
Clean Harbors (CLH) usually sees a bump with these things. It has fallen quite a bit lately too and may have reached a double bottom. This is not advice, just an observation.
This post was edited on 8/26/12 at 7:57 pm
Posted by rmc
Truth or Consequences
Member since Sep 2004
26470 posts
Posted on 8/26/12 at 8:09 pm to
quote:

exposure to gas, looking for a spike once production is cut.


Hoping natty gas sees a bump, and CHK with it myself.
Posted by greenhead11
Member since Feb 2012
922 posts
Posted on 8/26/12 at 9:24 pm to
Gotta give me a break bro, medical school has consumed my time away from investing! I think I got into gas early enough to see upside

I haven't looked at corn futures yet. But yes as soon as they opened this evening I'm sure there was some action
Posted by TJG210
New Orleans
Member since Aug 2006
28332 posts
Posted on 8/26/12 at 9:26 pm to
Nov or cam
Posted by LSURussian
Member since Feb 2005
126843 posts
Posted on 8/26/12 at 9:32 pm to
quote:

If you expect the rain to help, , why would you short corn?

Does the word "short" confuse you?
Posted by jonboy
Member since Sep 2003
7137 posts
Posted on 8/26/12 at 11:59 pm to
Since its the short game, what about insurance companies?
Posted by I Love Bama
Alabama
Member since Nov 2007
37686 posts
Posted on 8/27/12 at 12:16 am to
(no message)
This post was edited on 8/27/12 at 12:33 am
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72358 posts
Posted on 8/27/12 at 9:55 am to
quote:

Because an increase of corn supply would cause a decrease in prices.


bingo
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