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Archer-Daniels-Midland Company Message Board

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  • morpheusmeyers morpheusmeyers Nov 3, 2009 3:30 PM Flag

    I am Very disappointed in ADM

    The estimate was .57 cents. They beat big with .77 cents, or over $400 million in profit for the quarter.

    The stock is up nicely today and is up 50% in the last 12 months.

    If you bought 12 months ago when the stock was low this might be a good time to consider taking some off the table.

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    • while one can say its never a bad idea to take profits i see adm as a longer term hold. Its too difficult to predict swings in adm share price, but long term the stock should benefit hugely from population boom. I also note it contiues to grow by making acquistions. Adm has in the past closed plants/operations in favor of better ones so its actively managing its business components. With the nice dividend i think to hold a core amount of adm makes sense longer term. Of course short term the stock can have set backs so one must do as they see fit. jmho.

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