> CFO Max Bowman attributed the monopolist's good fortune to "significantly higher selling prices" and "our ability to adapt to inflationary market pressures." Cal-Maine's stock is up 47% from a year ago – a record high.
From eggspensive thread. I think this is the first egg 'price gouging' event in my lifetime. Its the opposite of 'long term trend' that you say is necessary for stock price bump.
You can't simultaneously argue that price gouging events are rare and not rare. Pick one.
I was referring to the volatility of oil being factored into the price which is why Exxon Mobile's stock doesn't go up significantly when the price of oil goes up.
> You can't simultaneously argue that price gouging events are rare and not rare.
Why not though. It can be rare in some industries( eggs) and not rare in others(oil & gas). Why would there a be universal price gouging rule that applies to every industry.
> I was referring to the volatility of oil being factored into the price which is why Exxon Mobile's
Thats what i am asking you why is not factored into Cal-Maine's stock but factored into Exxon's stock.
From eggspensive thread. I think this is the first egg 'price gouging' event in my lifetime. Its the opposite of 'long term trend' that you say is necessary for stock price bump.