imo adm is a great buy and hold stock has nice dividend with huge growth potential. growth potential is both organic and thru acquistion. Actually a nice investment tied to world population growth as a base. well diversified in the ag business.
yeah it looks to me like the gov wants and ethanol infrastructure in place, probably because there is so much risk to the supply line for crude and it provides jobs and cleaner energy. after the gulf of mexico oil well blow out and disaster the public is going to see ethanol as a lot cleaner than oil, certainly a lot less risky. The true cost of crude is not given in most calculations. The fallout from the bp oil well blow out is not over, the job loss in the fishing and tourism is not really accounted for in the costs. The loss of fish stocks is unknown. Ethanol is not my favorite part of adm either. still perhaps the best long term buy and hold stock jmho
Mr. Market, what is the plan? I do not know the numbers were good enough to get to $30, but I would like to hold here. I think there is still a lot of room for improvement, and that may be enought to move this above $30.