surprised not more of a reaction here. large increase from a decent trading firm
it is, this precipitous drop was driven by corn prices and china fear, both which have subsided but the stock is still 13 vs 21 last yr at this time,
There is no reason for the 2.50 gap between RNF and UAN; just talking yield equivalent here, RNF is inferior and its distributions are low. I dont understand the drop of with UAN, it should be trending at least, or really trading at a premium to RNF since its got the better assets and record and balance sheet. BS
if UAN were trading at the same yield as any of the comps like RNF or TNH or CF, its price would be 30-50% higher than it currently stands, why its this low i dont rightly understand.