> In other words, Winthorpe and Valentine have contracts allowing them to buy millions of pounds of orange juice in April for 29 cents a pound, and to sell it f

> In other words, Winthorpe and Valentine have contracts allowing them to buy millions of pounds of orange juice in April for 29 cents a pound, and to sell it for $1.42 a pound. Yeah, no. They went short on April OJ futures when it was trading at $1.42 and closed their short when the price crashed to 29 cents.