04-19-2022, 11:51 AM
(04-19-2022, 09:53 AM)Mr1share Wrote: Anyone buying SMG at these levels?Be careful with that. Input costs are a commodity with a substantial part coming from Russia/Ukraine. They must have purchased most of what they needed before the war because Scotts products are only up about 25% this spring. I don't even know if they buy product from Russia but it is a world commodity. I am thinking some demand destruction occurs this spring?
The above is conjecture, but I am thinking give it some time and catch an earnings report. Maybe the bottom is in already? I think the chance of it launching high is poor this year.