We are closing out our long idea on IPSU with a 63% loss. Our views on the relatively positive fundamentals in the US sugar markets (widening refined sugar spreads) the asset value inherent in the company, and the cash flow potential of the business once normalized...
READ MORE >Even in the context of a market that has been characterized by huge price swings and “whip-saw” action, IPSU’s stock has distinguished itself in terms of volatility. It seems almost impossible to...
READ MORE >Admittedly, IPSU’s stunningly poor 3Q11 earnings results still have us somewhat shell-shocked. Even the company’s greatest skeptic probably could not have painted an earnings scenario for 3Q11 as...
READ MORE >Even the most ardent bulls on IPSU shares (ourselves included) could not have predicted the violent rally in the stock over the past three months. IPSU have gained an astounding 71% since the company reported a big...
READ MORE >On Friday, May 26th after the close, IPSU announced that it would not exercise its option to acquire the remaining ownership stake in Wholesome Sweeteners from Edward Billington and Son Ltd, a UK based food...
READ MORE >In our 2Q11 earnings preview for IPSU we argued that we were excited about the company’s pending earnings release even though we did not expect the quarterly results themselves to be particularly compelling. As a reminder our enthusiasm heading into the quarter was based on the...
READ MORE >In the 21-months since we published our initial report recommending that investors go long shares of IPSU, quite a bit has changed. One thing that has not: IPSU’s share price. The stock has declined 1.5% since we published our original report, compared to a 34.5% gain in the S&P 500...
READ MORE >LONG
$70
SELL/SHORT
$4
SELL
$50
SELL/SHORT
$45
SHORT
$18
SELL/SHORT
$5
SELL/SHORT
$42
LONG
$75
SELL/SHORT
$50
SELL/SHORT
$50
LONG
$5.50
SHORT
$50
SHORT
$28
LONG
$65
LONG
$37
PAIR TRADE
$10
PAIR TRADE
$30
LONG
$35
SHORT
$35
SELL/SHORT
$10
SHORT
$101
SHORT
$15
SHORT
$0
SHORT
$9
SHORT
$0
PAIR - LONG BGG/SHORT TTC
25%
PAIR - LONG BGG/SHORT TTC
25%
SHORT
$14.00
SHORT
$22
SHORT
$15
SHORT
$20
SHORT
$31
SHORT
$35
SHORT
$30
PAIR - LONG KNL/SHORT MLHR
25%
SHORT
$100
LONG
$8
LONG
$20
SHORT
$22
PAIR - LONG CSGP/SHORT LOOP
40%
LONG
$35
SHORT
$275
SHORT
$0