Flashback: Archer Daniels Midland

Since the market is down a lot since the start of the year, I checked Archer Daniels Midland (ADM) to see how it was faring in comparison to the rest of the market. Indeed, ADM is the place to be. The other 4 companies mentioned in a previous post about ethanol are all down from their price 6 months ago. A lesson learned is not to pick companies with their eggs all in one basket. The question is now, whether to hold on to what you have or to sell and take your profits.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: