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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| ADM | Food Products | -2.64% | n/a | 1 | 05-Oct-07 | Prior Holding |
07-Jul-07
ADM - Long-term Holding
Holding Rationale for ADM.
Purchased at $40.88 in May 2006 and then again at $31.35 in December 2006. Growing up in the corn belt, I think the advantages of ethanol and alternative fuels have some running room. ADM brings the additional footing of a strong commodity business. I missed the run up initially (I first looked at the company in December 2005 and did not bite). The stock has been flat, but I think as ethanol prices stabilize and margins settle this will be a good investment long-term.
Tagged Stocks: ADM
Posted at 06:04 in Holding Rationales | Permalink | Top
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