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.
Flashback: Archer Daniels Midland