Oatly ticks all the boxes for food that Davos Man thinks the plebs should eat and in June, just after the IPO, it looked like what the Nazi submarine commanders called "The Happy Time" back in 1940:
There was no way to lose.
Except:
Watch Out Oatly: "Oat Prices Hit Seven Year High" (OTLY)
A quick hit from Trading Economics, July 21:
Oat prices surged above $4.5 a bushel in July, their highest level since April 2014, after the USDA cut US oat production outlook to lowest on record due to drought conditions. US harvest is estimated at 41.3 million bushels in 2021, the smallest since at least 1866, as hot and dry weather take a toll on food production........MORE
The stock came public at $17 in late May and ran to $29.00 on oat milk enthusiasm. $19.89 last up $0.44 (2.26%)
If interested see also CNBC July 15:
Oatly short seller says stock worth less than $10 after accusing company of overstating revenue
And then, when their Ivermectin supplies were cut off following the Rolling Stone exposé, the unwashed hordes switched to anything horse-related that might treat their Covid fever dreams:
Covid-19: As The Peasants Attempt To Self-Medicate With Horse Food
The Price Of Oats Skyrockets
Sort of missed that one
But I think there's still time to frontrun the next big equuscovidius trade:
And now, six weeks later the expected clamor-for-carrots has yet to materialize and in my enthusiasm I may have bought way too many. You wouldn't happen to know anyone in the market for a couple tons, would you?
In the meantime I'm going to keep on DM'ing Klaus on the oat milk situation.
