Listen up. Too many of us are euphoric because the market has given us a gift and trick us into thinking we're "smart investors" instead of degenerates.
TLDR; LW produces and sells potatoes. Potatoes spiked last month. I don't see the price coming down. Potatoes will make you money. I bought 20 Oct 16th $55 Calls.
Well, the universe has a way of testing our intelligence. Not to long ago, a post here showed how the potato market jumped 700% in April. All it did was generate more talk about semiconductors and whether or not your hands are made of paper or diamonds.
**Lamb Weston Holdings**
I told you. They produce potatoes. They freeze potatoes. They sell potatoes to the Wendy's you either work in or behind.
**April ER**
In their last ER call, they reported reduced profitability and constraints and future forecast and blah blah blah. Then whey did all the big wigs buy shares?
**Insider Buying**
https://preview.redd.it/zv8wc04uli0h1.png?width=1525&format=png&auto=webp&s=f8aab83be676c95a0277c487974631f0ed8bd70d
Just after the ER call you have huge insider buying. Why? Maybe they knew about the 700% potato increase in April because they're in the fucking business of potatoes.
**My Positions**
I bought them this morning.
https://preview.redd.it/negc9an6oi0h1.png?width=1080&format=png&auto=webp&s=64bc83f55cd9c2a1895ca151f43cf22b592c794d
Not financial advice. I'm just sharing my opinions.