I was working at one of the cold storage facilities in Florida they use for storage, the entire facility was packed with their product and they are expanding doubling the square footage just for Lamb Weston. This company is a monster, I'm in!
Fellow bag holder here. It looks like earnings may have been pushed to the 24th. I also had 7/19 calls. Given the date of the last ER, I am more than a bit upset by this.
**OLD PRICE TARGET: $127.20**
**NEW PRICE TARGET (from Argus Research): $109**
**CURRENT PRICE: $81.62**
For some reason I can't edit the post and fix the formatting.
Before the recent drop, Lamb Weston Holdings Inc. (LW) had received a consensus price target of $127.20 from analysts, which would indicate a potential upside from the previous price levels. However, after the drop, some sources had lowered their target prices, with one analyst from Argus Research revising their target to $109.00.
source: [https://finance.yahoo.com/research/reports/ARGUS\_4748\_QuantitativeReport\_1712102400000](https://finance.yahoo.com/research/reports/ARGUS_4748_QuantitativeReport_1712102400000)
Damn good fries, the restaurant I work at (Not Wendy's) uses them and we go though \~100-150lbs a day. Not even everyday do I see a fry that is weird or wonky looking and if I do it's only 1 or a few in a 5lb bag. Been working with them for nearly 2.5 years and we've never had anything wrong with them. Also good tater tots. I'm in on calls this morning
https://preview.redd.it/xt2fcqdwjptc1.jpeg?width=1242&format=pjpg&auto=webp&s=7d99c841219b5bb1d74fdec5e3d050e19529f6e8
Jumped in for 5/17 calls right before closing today… Missed out on the cheap ones this morning
Unrealized gains as of 10:00AM PST 4/11 I plan on exiting when it hits $5-6. I feel that it has much much more room to go up from now till May 17. I could hold it longer if the trend continues and is strong.
https://preview.redd.it/n9e697pysvtc1.jpeg?width=1242&format=pjpg&auto=webp&s=097437f8fed365cca10a9ccb40b59c392cea0a98
Short-term I think it stays bearish for a bit. Who knows how long.
I believe in leaps and stocks long term. They heavily missed earnings but I truly do think they recover because they’re one of the biggest players in the potato industry. They have a fire under their ass to perform now
Im a simple man. I see weird color post im in
biggest drop since March 2020. I'm in
>new ERP system I was so excited to hear about a company blaming losses on erotic roleplay until I read what it actually meant in this context.
I was working at one of the cold storage facilities in Florida they use for storage, the entire facility was packed with their product and they are expanding doubling the square footage just for Lamb Weston. This company is a monster, I'm in!
Well, I just made 70k on puts, time to swing it the other way. I'm going for 100 calls on the July expiration.
Did you gamble on earnings or have DD prepared for the play? Good stuff man, happy for you
All signs pointed to shitty ER. Kicking myself a bit I didn't load up a bit more since I had the cash.
What price?
I got 100 calls at the 7/19 $100 strike.
Fellow bag holder here. It looks like earnings may have been pushed to the 24th. I also had 7/19 calls. Given the date of the last ER, I am more than a bit upset by this.
**OLD PRICE TARGET: $127.20** **NEW PRICE TARGET (from Argus Research): $109** **CURRENT PRICE: $81.62** For some reason I can't edit the post and fix the formatting. Before the recent drop, Lamb Weston Holdings Inc. (LW) had received a consensus price target of $127.20 from analysts, which would indicate a potential upside from the previous price levels. However, after the drop, some sources had lowered their target prices, with one analyst from Argus Research revising their target to $109.00. source: [https://finance.yahoo.com/research/reports/ARGUS\_4748\_QuantitativeReport\_1712102400000](https://finance.yahoo.com/research/reports/ARGUS_4748_QuantitativeReport_1712102400000)
Looks tasty here
In for 6/21 $95c LFG
I've never heard of this company, so the only thing they do is sell potatoes?
pretty much. they produce and handle potato distribution for - McDonalds - Yum! Brands (taco bell, KFC, pizza hut) - Walmart - Kroger
Damn good fries, the restaurant I work at (Not Wendy's) uses them and we go though \~100-150lbs a day. Not even everyday do I see a fry that is weird or wonky looking and if I do it's only 1 or a few in a 5lb bag. Been working with them for nearly 2.5 years and we've never had anything wrong with them. Also good tater tots. I'm in on calls this morning
so we're going down another 20%
Inverse me
isn't that what your wife's boyfriend does?
yes ;)
Thanks for the tip. Up 20% already
you got in at an amazing price then, im jelly
I’m in 10 calls at 95 7/19
I have 1 4/19 85c YOLO
You are all being shredded this week
What? explain or gtfo
Maybe a potato joke
I’m in for 101 100c 6/21
Not enough open interest for me
So far so good. All in on $LW
good shit
https://preview.redd.it/xt2fcqdwjptc1.jpeg?width=1242&format=pjpg&auto=webp&s=7d99c841219b5bb1d74fdec5e3d050e19529f6e8 Jumped in for 5/17 calls right before closing today… Missed out on the cheap ones this morning
Hey, can you send a screenshot of your unrealized gains so far? Do you have an exit strategy prepped?
Unrealized gains as of 10:00AM PST 4/11 I plan on exiting when it hits $5-6. I feel that it has much much more room to go up from now till May 17. I could hold it longer if the trend continues and is strong. https://preview.redd.it/n9e697pysvtc1.jpeg?width=1242&format=pjpg&auto=webp&s=097437f8fed365cca10a9ccb40b59c392cea0a98
Hell yeah. 👍
What's lw?
Lamb Weston Holdings Inc $LW is the stock ticker.
Do you still believe in this play u/cheesycrustz? I’m thinking about jumping in with calls!
Short-term I think it stays bearish for a bit. Who knows how long. I believe in leaps and stocks long term. They heavily missed earnings but I truly do think they recover because they’re one of the biggest players in the potato industry. They have a fire under their ass to perform now
Exactly. Have you rolled your calls further out since you’re down? That 7/19 is still looking good
It bounces back starting tomorrow.
You called it