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Eastern Livestock mess keeps getting bigger.
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mcdonfarms
Posted 11/14/2010 19:13 (#1435879 - in reply to #1435705)
Subject: Re: Eastern Livestock mess keeps getting bigger.


The manager has been with Cactus for 26 years so I would figure he would know what is going on instead of all this speculating on here. Cactus will be getting the cattle for what they invest in Easterns deal. Its not like puttin 100 million in a company that is already in the hole and have to wait for the company to get on their feet and recoup their investment. No different then what they do on a daily basis is buy and contract cattle. Business as usual for them. No different in any industry their is always someone that is waiting in the shadows for the misfortunes of others and profit from it. Like I said time will tell. And i will bet the feedlot manager is right since he flies everywhere in Inglers helecopter.
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