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Joe Nicosia, Executive Vice President of Louis Dreyfus Commodities advice - Sell
News added on 03-Sep-2013 in Cotton News
Joe Nicosia, executive vice president of Louis Dreyfus Commodities advice – sell. “There’s no glory in carrying inventory through an inverse,” he said. “If you want to be bullish, go out and buy a call or a deferred future. That will be much more beneficial than holding cotton. “It’s telling you that your cotton is worth more today than it’s going to be worth in the future,”