Posted on November 18, 2021
We’re still in the process of changing all your billing dates at our payment provider, STRIPE.
Unfortunately, they don’t have a mechanism to do everyone at once, so we’re forced to make the inputs manually for every AJAHM member. It’s taking some time, we know, but please be assured that we’ll shortly have everyone accounted for, and you will receive two free weeks for the content you missed at the beginning of the month.
Our apologies for the tortoise-like nature of the process.
Today’s trade is built on the poison-peddlers from Battle Creek, Michigan – Kellogg’s Co. (NYSE:K).
Kellogg’s brands itself as the maker of ‘ready-to-eat cereal and convenience foods’.
But, of course, there’s more to it than that.
The company’s true aim is to appeal to the intellectual cravings, as it were, of the modern harried consumer. Hence the sophisticated brand name selection.
To wit –
To name but a few.
So, you see, purchasing these items is not a mere passing adventure for your taste-buds. It also makes a powerful statement about your wisdom, general health aptitude, and perhaps even your genetic endurance.
Anyway, the stock’s fundamentals are reasonable, mostly because the shares haven’t done anything in the face of history’s hottest bull market.
So we’re not discussing a Tesla growth story here.
This is a laggard that no one expects much from at all.
Call it a ‘value’ stock if it makes you feel better, but the bottom line is this puppy’s going down.
The company is now also struggling with supply-chain issues, inflationary inputs and a strike at its cereal plants, with 1500 workers picketing and the company now upping the ante with a lawsuit against employees for allegedly blocking factory entrances to replacement workers.
Worst of all, cereal sales account for 40% of K’s sales.
Hashem, Master of Legions, will have the final say. May we ever find favor in His eyes.
Many happy returns!