respect...AI had terrible earnings and I sold it as fast as I could this morning...I made a nice 'long term' profit on the dividends, but was lucky to get out fast, as it has dropped over a dollar a share more since I sold...I could not believe how bad AI's earnings were in the last quarter...! Now I have funds to go shopping for value again...! $tagg...!
dreamer...ethanol 'is good for the refiners' because all they have to do is blend it in and then mark up the price (not much work to it)...! Its the same thing that bootleggers do when they add moonshine to high price and top grade whiskey...! $tagg...!
rdotn..first, there 'is no subsidy paid on corn or ethanol'...second, ethanol is made from GMO corn and people do not eat GMO corn...third, ethanol is taxed at the pump, just like gasoline...fourth, corn prices are very cheap (about $3.77 for 56 lbs. and GMO corn is less), yet food cost keep increasing...! I hope your research on stocks is better than your research on corn and ethanol...! $tagg...!
Board members...very strange market action on ADM...ADM turned in good earnings and the stock is crashing...that said, my Ford (F) holdings are doing fine and I have added to them and my NMM...! I also plan to get back into MLPL (very soon)...! $tagg...!
gumbyisle...I also respect your opinion...however, the wholesale price of ethanol is now $1.44 a gallon and the wholesale price of regular gasoline is $1.60...at this time, the free markets, lets refineries make a 16 cent a gasoline profit by just blending ethanol with gasoline...therefore, at this time, we have a 16 cent a gallon 'benefit footprint' in the production of ethanol (and this number does not include exports of ethanol)...
Ethanol also creates jobs and reduces our needs on the import of crude oil (and it is renewable)...and don't forget that the U.S. does not have enough refinery capacity without ethanol...i.e. we have excess refinery capacity of 2%, yet ethanol is more than 10% of out current fuel...! We are better off making ethanol out of 'excess corn production' than letting the rats eat it...! $tagg...!
Board members...cash corn is now $3.96 a bu., cash soybeans are now $9.99, cash wheat is now $4.46...wholesale ethanol is now $1.44 a gal. vs, wholesale gasoline which is $1.60 a gal,...and Illinois Basin crude oil is $41.50 down $4.50 a barrel effective 02/04/15...! I plan to start a new position in MLPL very soon...! $tagg...!
gambler...I got lucky and sold my AI very fast as it has dropped about $2.00 a share more since I sold it (it was a long term core holding and I may a nice profit on Total Returns)...I do not agree with you about chasing high yields (it is serving me very well)...maybe you should check out NMM (Yield about 12,7%), NMM is now my leading short term portfolio gainer...if you favor low yields and capital gains, check out Ford (F), at this time F is ramping up production on at least 5 different plants and, in my opinion, may have an upside of about 30% this year (the sales new F-150 and the mustang will be outstanding this year)...! I also started a position back into MLPL today, oil may not be a 'slam dunk in the future', but it will go a lot higher eventually...! $tagg...!
sarge...I have now started a new position in MLPL...now listen up, MLPL does 'a re-balance once a month' and I think it is on the third Friday of the month (???) and this 'can change the share price a lot'...more, if we can figure out in advance what the 'Alerian Infrastructure Index' is doing, it can help give us some good entry or selling points...sarge, you are very good at research and if you (or anybody else) have any ideas on this please share...! $tagg...!
k-bon...I agree about the reduction in oil capex and that is why I am now back into MLPL...however, I am still trying to figure out this once a month re-balance that MLPL does (as that can affect the share price)...! $tagg...!
gambler...I know a lot of investors disagree with my strategy, but I always figure that I am 'in the money' on a holding if my 'entry price and yearly yields' give me a positive return (the 12 month Total Returns)...I always dollar cost average 'off of my original entry point and as I reinvest', my compounded returns are a bonus...however, I did sell all of my SDRL (for a small long term profit) and move those funds into other high yield holdings after they dropped the dividend...
Myself, I am now adding more NMM to my current holdings to lower my average share price...I always dollar cost average into a new holding and most of the time (not always), I also 'dollar cost average out' when I take some profit...I am also adding more AWLCF as it seems to be on a slow uptick (I just don't think AWLCF will fall another 36% in share price over the next year)...! Most of the time, late morning is the best time of day to buy...! $tagg...!
sarge...I don't have any apple...however, this is 'a good day in the neighborhood' for me as most of my holdings are on a strong roll...Ford and Apple have one thing in common, people always like something that is new, different and exciting (and both companies are doing fine)...
That said, I don't understand why ADM is not doing better as they had a pretty good earning report...my AWLCF has been a a strong roll and MLPL is showing some new fire..NADL may be a a future sweetheart if things settle down with Russia and Ukraine...! $tagg...!
sarge...I added more NMM (yield about 14.6%) the other day and I am doing OK in it (I will probably add more later on)...! We have been lucky in southern Indiana and southern Illinois as we have not had a big snow yet this year...! I also notice that WMC (yield about 19.8%) is showing new strength...! $tagg...!
Board members...I always reinvest my high yields and it is 'paying off very nice' at this time...at this time, I am up about 3% YTD (not much, but better than a sharp stick in the eye)...I also understand that a lot of older investors need their income from investments to supplement their income (I am lucky because I don't)...
2014 was a rough year in the markets for me, however, in the past, most of my poor investment years have been followed by very good years later on...I don't have a Crystal Ball, but Ford (F) seems to have a lot of steady upward push going for it...I think that F will have about 25% to 30% upside this year...! At this time, I am changing nothing...I am just watching ponies run...! $tagg...!
k-bon...sort of weird, ADM posted good earnings and the stock sells off...corn is dirt cheap and they are the largest corn processor in the world (but so far, I have dropped the ball, price wise, on ADM)...they also say that 'net farm income' will be about 30% lower in 2015 vs 2014 (because of lower grain prices and higher expenses)...that said, AWLCF seems to be getting stronger and is still paying out a nice yield of at least 32% (AWLCF goes ex-dividend on 2/17/15)...! I am still afraid of oil as I feel there may be a bit more pain ahead (lets hope I am wrong)...! $tagg...!
sarge...there is a strong rumor that Apple will get into e-cars, sort of hard to believe (???)...! $tagg...!
Board members...from the CC conference, as I understand it, management seems to think there is plenty of abandonment work available (???)...! That said, something is pushing this stock up in value at this time (???)...! $tagg...!
Board members...I have had some of the same problems with the yahoo boards and etc.,...my opinion is, that it started when Marrissa Mayer made employee stop working at home and come to the office to work...it got a bit worst when Yahoo started laying off some of their unproductive people in Europe and Canada...'old habits are hard to break', but Marissa Mayer is working on it (and some employees are probably fighting back)...! $tagg...!
Board members...I think it is dividend chasing 'and also' due to an increase in oil prices...however, william made a very good point about the renewal of the Wilhunter contract on 2/25/15...! I am thinking about putting a 'stop limit order' on AWLCF at about $1.25 under current market price (that would get me out with some profit)...! Any board members opinions are appreciated...! $tagg...!
Board members...I feel that ARLP is 'a good long term holding'...however, even though I am receiving lease money for coal rights on some farms from ARLP (the White Oak Coal company), I do not own any stock in it because I am burned out on messing with k-1's...! $tagg...!