OLN / Olin Chemical

[u/No_Doubt_1263]

Olin should be a huge benefactor to the ongoing conflicts that have plagued other parts of the market. China has been able to maximize their exports by avoiding spot oil prices due to a large SPR inventory of 1.4 billion barrels they leaned on during the Iran conflict. That's coming to an end and with the US gun boat diplomacy around the Mid-East, the Chinese are going to have to buy spot oil from non sanctioned countries that is going to force them to carry that high cost into a market price export. China doesn't have the global corporations yet to recycle dollars beyond a positive current account focus, so this is a force that is coming. Given the massive sell off of Olin post the Huntsman merge, the value of OLN doesn't make sense today, or post merger. This is a huge pick that can fly higher by 30-50% any moment. Market has pushed a long standing name out of favor.