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"Tony The Tiger" - A Food Stock

The mood of Wall Street is now changing as the reality of tariffs is starting to kick in. Two weeks ago not so much so. Kelloggs had "so-so" earnings come out a few weeks ago and the stock exploded upwards. Note the very last line above mentions the effects of tariffs are not taken into consideration. So many stocks with "so-so" earning reports have jumped in price based on the "lets make America great again" slogan. Deere stock is shooting to the moon as I keep writing about in spite of declining sales in the last quarter. The sentiment seems to be that they are immune to tariffs. On paper they might be. Read this. Americans are struggling to buy gas, eggs and insurance. Total housing starts in the U.S.in 2024 were down 3.9%. Walmart, the recent darling stock in the last four weeks for Call option players woke up this morning with an earnings report which was healthy but with came with some caveats. Here is what happened. Perhaps the U.S. is starting ...
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A Canadian Electric Bus Maker with a Story and A December 13th 2022 Update

In the past bus manufacturing companies in Canada got a bad rap. Overhead is high and after sales servicing costs can bury you. Having said this do you know about The Lion Electric Company? A Quebec based maker of electric school busses and now planning on opening up a plant in the U.S.. Earnings come out in ten days.They might be losing money but they might be onto something good. Here is some background information as to why the timing may be right this time. Read about them on the "Sedar Website". That tells you everything.
Interesting right? A backlog or 2,357 vehicles. They need to execute better to speed up production. In the past that has being a problem. Let's hope they are not locked in at fixed prices. Now for a thirty day chart.
Now for it's three year chart. This might suprise. It is a business which requires economies of scale.
So here is what I did in the recent past. I am currently down $25.00
I bought two Jan 19th 2024 Calls with a striking price of $2.50. I am banking on the stock rebounding over the next fourteen months and these Call options are already "in-the-money". Even if it ends up to be a bumpy ride it's not a position I am going to lose sleep over. Long term Call options like this can sometimes suprise. * Nov 2nd. Here is a important suprise.
On this news I got nervous. Production levels of only one.
I got my money back. Now skip ahead one month and see this chart and read this news. This is December 13th news.
Ambitious new projects cost money and fresh money coming into a company often drags down the price of a stock. At these current prices the story is now more compelling.

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