Yes I would. It's a no brainer. The corn is already contracted to grow and harvested. ADM will see 60 dollar share price in summer. I bought my first load almost 2 years ago at 22. I'm buying about 1000 more on Monday morning. Bush and Lula (Brazil) are creating an ethanol power pact. Lula and Bush are buddies and Lula loves Bush (I go to Brazil often). ADM is a must own in your portfolio for the now and at least through the next corn season. Have vision and see what the reality is with oil, Iran, Iraq, global warming, Brazil, and the democrats and environmentalists coming to power. Mark my words on this one. ADM is going to 60 by August.
If you look at a 3 month chart you'll see it's going "off-the-chart". This is a strong BUY signal. This coupled w/tomorrow's window dressing, the fast money crew's positive opinion and Jim Booyah!'s positive opinion PLUS possibility of a PRIVATE EQUITY BUYOUT make this a bullish set-up.
Perhaps you should ask the TERMINATOR about this E85 problem.
yes. coz' oil at $61 pb and rising toward summer AND Iran conflict stuff.
you can try options.
cvx, vlo and others seem to want the same record profit this year again.....
$2.95 per gallon of 87 grade? we are at $61 pb of oil NOT 70+.