Eugene David
...The One-Minute Pundit

Wednesday, December 15, 2010


2:36 PM Anthony Ward, nicknamed Choc-finger, unloads his fund's $1B of cocoa stocks. Fears Ward was trying to corner the market were raised this summer as prices rose to a record, but markets seek out and punish such hubris. Cocoa has fallen 30% since July and is the worst agricultural performer this year.

Those who live by the cocoa bean....

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