BAL - Chart, page-760

Shorted BAL for a quickie based on that competitors outlook today.

Always happy to quickly short BAL, as I'm not sure if BAL has a disadvantage with getting CFDA registration or not, as many people erroneously think the infant formula is solely from Tasmanian or Australian cows. Last I checked it is from nearly anywhere that has the right signatures on the organic certificate. Also there is little control of where the certified organic stock feed comes from, which has the potential for contaminated Indian corn type problems internationally. The Chinese regulators are paranoid after that scare long ago. BAL's labels are completely correct I am sure, but all of the competitors have little that could be misleading or confusing about their labels IMO relating to origins of the original milk etc.

I'm sure the product is super safe, but I'd prefer a grass fed source of Australian and New Zealand milk if I was feeding my little screamer, and preferably not depending on foreign suppliers in the organic supply chain doing the right thing. There are so many options in the market that educated consumers can get what they want.

I'm sure BAL is working on getting ANZ supplies for the milk, but the feed sourcing will remain a grey area with that chain of organic certificates.

Anyway - good luck. Hope I am wrong about the CFDA. I have no special knowledge either way.