X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.7 In other words, the correlation coefficient of the other stocks
When you make a decision based on no actual understanding of the implications of that decision its called ignorance! (Now its called Trump Trade) I remember when I was 8 years old and running for class president I promised everyone they would not have homework and a candy break every day!!! I won
More headwinds for US Ag producers. When is the idiot in chief going to negotiate the beautiful trade deals he promised? Maybe on his 15 day golfing vacation. Farmers and livestock producers are getting screwed hard by Drumpf.
After the U.S. pullout of the Trans-Pacific Partnership, other nations launch 27 separate negotiations to undercut U.S. exporters.
BIG OPEN BUY 129,315 @$3.50 Maybe a good day
Very difficult to see UAN not making a big run north. check out awesom*sto-cks, its a pretty reliable service. of course you have to do your own due diligence, but they generally point you in the right direction.
Wall Street Stock Recommendations: MannKind Corporation (MNKD), CVR Partners, LP (UAN) | Post Analyst
GOOD POST/COMMENT from seeking alpha
Clearly, the quarter was disappointing, especially, with no distribution, again. Actually, after listening to the call, the numbers were pretty optimistic if one can take a several years as opposed to a quarterly perspective. First, they generated $12.9M in distributable cash, or 11c/sh., but chose to retain it for contingencies as another, and last, new supplier comes on stream in the second half – annoying, but probably prudent. Second, the substantial displacement of imports by new domestic capacity augurs well for prices not being depressed for years as opposed to quarters. Third, inventories are deemed to be very low, implying a strong fill season. Forth, wet weather in the Corn Belt pushed some sales into the third quarter, and finally, an eleven day outage at the Coffeeville UAN facility must have cost several cents, at least (surprised no one asked about it on the call). So, the industry is probably at the nadir of a pricing cycle, and yet CVR Partners still managed to easily generate distributable income at a roughly 40c annual rate. We could still end up with a 20c distribution in H2, and the stock appears to be considerably undervalued.
WHAT A PILE OF S---
GOOD UAN READ
CVR Partners anticipates a strong spring corn planting season in the U.S. This in turn, is likely to lead to higher demand for nitrogen fertilizer for the 2017 spring application season. Moreover, farmers are likely to plant 90 million acres of corn this year.
CVR Partners remains committed to ramp up its UAN production capacity. It also benefits from transportation cost advantage, given the close proximity of its production facility to the U.S. Corn Belt.
CVR Partners should also gain from its strategic acquisitions and capacity expansion actions. With the buyout of Rentech Nitrogen Partners, the company has been able to create an entity with larger scale, enhance production capacity and increase operating reach. The combined company is now the second-biggest producer of UAN in North America. The merged entity is expected to realize synergies of at least $12 million, partly through savings in selling, general & administrative costs, and logistics and procurement improvements.