CLMT has wings. S&P upgraded CLMT. You'll find out EXACTLY with your own DD. However I believe the presentation given Monday clearly showed CLMT is undervalued, and a refiner now, not just a "speciality chemical" maker. With Canadian crude coming in well below WTI, and the keystone XL being able to supply LA and PAD3 region (is it), I believe CLMT is about to produce as much as CVI bpd. My short term PT is $47. That would give me the years dividend now and possibly a buyin point at 36, say Sept. Oct.. Riding CLMT all the way to 53 and beyond. Just sayin,,,,, I'll probably never trade it, but I could; funny how with the touch of a button I can buy and sell equities. Problem always is figuring out which ones!!!!!(and the stupid taxes). lmao...... and Happy Sunday to you all from the desert where today it hit 80.
Long CLMT 30%
and a new position taken @ 24.60 in UAN, 20%.
Holding no cash,
but will, cha-ching. Dividends , get it. and so much for the Seeking Alpha guy who tried to poo poo CLMT.