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Upside Down News: Salt Good, Omega 3 Bad

Although demonization of Omega-3 could be bad for the company's fish-oil business, the company generates nearly 70% of revenue from the sale of fish meal, which is used for animal feed. Last year, just 8% of revenue came from dietary supplement ingredients. Still, it will be interesting to see if there is a delayed reaction to the new Omega-3 controversy. OME Chart OME data by YCharts

What a week. Down is up, and up is down. Reminds me of the Seinfeld episode in which George Costanza did the opposite of what he'd normally do, with great success. I wonder what's next?

Fatty foods are actually good for you? Soda has health benefits not previously realized? If that were the case, would Mayor Bloomberg (for whom I had great respect for his incredible private sector vision during the 17 years I worked for Bloomberg Financial Markets) reverse course and mandate that soda be sold in no smaller than 16 ounce containers?

I just don't know what to believe anymore.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
At the time of publication, Heller was long XXXX.

Jonathan Heller, CFA, is president of KEJ Financial Advisors, his fee-only financial planning company. Jon spent 17 years at Bloomberg Financial Markets in various roles, from 1989 until 2005. He ran Bloomberg's Equity Fundamental Research Department from 1994 until 1998, when he assumed responsibility for Bloomberg's Equity Data Research Department. In 2001, he joined Bloomberg's Publishing group as senior markets editor and writer for Bloomberg Personal Finance Magazine, and an associate editor and contributor for Bloomberg Markets Magazine. In 2005, he joined SEI Investments as director of investment communications within SEI's Investment Management Unit.

Jon is also the founder of the Cheap Stocks Web site, a site dedicated to deep-value investing. He has an undergraduate degree from Grove City College and an MBA from Rider University, where he has also served on the adjunct faculty; he is also a CFA charter holder.
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